FHA requires new users to submit a selfie to access FHA Connection.
Private lenders: FHA Connection access now requires PII, government ID and a selfie for biometric identity checks—implications for underwriting and compliance.
D.R. Horton is confronting growth and affordability challenges.
D.R. Horton holds 23,300 unsold homes, incl. 7,600 built. Elevated inventory increases capital risk, and creates short-term lending prospects for private lenders.
Florida Realtors Pledge $10M to Support Property Tax Relief Amendment.
Florida Realtors' $10M effort to promote property-tax relief could shift homeowner affordability, valuation and demand—key implications for private lenders.
Housing cools nationally, but buyers compete in affordable markets.
Private lenders: strong buyer demand in affordable Midwest, Northeast amid national cooling - concentrated competition pricing pressure and lending upside
Mortgage applications decline again as interest rates reach 6.85%.
MBA report: refinances fell 6% week-over-week while ARM share rose to 8.5%. Private lenders should reassess pricing, portfolio mix and liquidity exposure.
Is a federation of MLS organizations gaining traction?
Industry executives caution that adopting a single national input standard for mortgage data and processes risks eroding the hyperlocal detail that underlies accurate underwriting and valuation. Lenders and servicers depend on finely grained signals — neighborhood comparables, local tax and zoning idiosyncrasies, micro-market supply [...]
Bright MLS will launch an AI Academy.
Cypher Learning’s integration with Bright products embeds role-based courses, webinars, and AI-assisted search directly into mortgage workflows, aiming to bridge the gap between training and on-the-job execution. By aligning learning paths with specific roles—originators, processors, underwriters, closers and operations staff—the solution promises faster onboarding, [...]
GSEs authorize use of VantageScore 4.0 for all single-family lenders.
Lenders are not permitted to mix Classic FICO scores and VantageScore 4.0 on the same loan file. That rule requires originators to select one scoring model and apply it consistently across all bureau pulls used for underwriting, pricing and automated underwriting responses. Mixing models [...]
UWM eliminates high-balance LLPAs and extends Bullseye 90 pricing.
Bullseye 90’s expansion to include eligible jumbo loans represents a meaningful broadening of a previously more limited product set. The change enables originators to offer higher‑balance mortgages under the Bullseye 90 framework, giving brokers and retail lenders a familiar product pathway for borrowers who [...]
Berkshire Hathaway HomeServices appoints new leadership in Nevada.
Hagan’s nearly fifteen-year tenure at Coldwell Banker Realty in Illinois marks a substantive track record within residential brokerage that mortgage professionals should regard as strategically relevant. An extended association with a major brokerage suggests deep familiarity with the local supply-demand balance, pricing trajectories, appraisal [...]