HUD has signaled that certain bank initiatives may run afoul of the Fair Housing Act, prompting scrutiny of lender behaviors that can produce discriminatory outcomes. The agency’s concern is framed around programs and practices that generate disparate impact or unequal credit access for protected [...]
Non-escrowed property-tax delinquencies at 5.2% raise collection risk and cash-flow pressure for private lenders reviewing portfolio and underwriting risk.
State-level reporting shows North Dakota recorded the lowest rate at 1.4%, with Wisconsin close behind at 1.5%. While the source does not specify the exact metric described as a “rate,” the pattern underscores meaningful regional variation that can influence mortgage-market behavior. Low reported rates [...]
UWM drops credit-score overlays on agency loans, shifting eligibility to automated underwriting while retaining credit-score influence on pricing and risk.
Private lenders should revise underwriting and pricing as regulators and large banks adopt competing credit-score models shifting risk and market dynamics.
HUD action plan to modernize HUD Code and end permanent-chassis rules alters valuation, collateral and compliance for private manufactured-home lender risks.
Home prices climbed 3.40%, with seasonally adjusted gains of 0.90% from the prior period; implications for private lenders' pricing, underwriting and risk.
Private lenders: Garg's 90-day plan for Better aims at a $50M expense base, HELOC/wholesale growth, a CEO search and potential bank sale and bank sale bid
Floify appoints Bryan Traeger as general manager to accelerate AI enhancements across borrower and private lender workflows, integration and risk tools plus
Wholesale non-QM lender June Point extends DSCR investor mortgage coverage into California increasing reach to 19 states and expands lending options.
