FHFA’s Pulte says VantageScore is open to all GSE lenders.
FHFA approves VantageScore for GSE lenders; private lenders should assess model adoption, data coverage, pricing and impact on credit risk and originations.
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
Demonstrating How Competition Reduces Mortgage Costs.
FHFA's rollout of VantageScore 4.0 raises questions for private lenders on whether credit-score competition will lower borrower mortgage costs. Nationwide.
EverBank and WaFd to merge, shifting away from residential lending.
EverBank and WaFd merging to form a $75B bank shifts focus from residential to commercial and specialty finance - implications for private lenders. Outlook
Atlas VMS completes acquisition of CloseClear.ai.
Atlas is moving to fold the platform’s monitoring capabilities into AIM-Port as a premium module, signaling a strategic push to consolidate surveillance and analytics inside its core servicing stack. The integration is framed to centralize portfolio monitoring, exception workflows and compliance oversight within a [...]
Can technology reduce agents’ liability for listing errors?
LiDAR and 3D tours verify square footage and reveal AI-edited photo alterations, improving collateral accuracy and risk assessment for private lenders. Ops.
FSBO.com launches a platform to streamline home purchase agreements.
PACT, evolved from technology originally built at Homepie, represents a deliberate push by FSBO.com to digitize the full residential transaction lifecycle from listing through closing. The platform packages workflow automation, electronic document management, and buyer-seller coordination into a single framework aimed at reducing manual [...]
Cole West Launches Home Sales in New Utah Community
Discover competitive home prices starting in the low $400,000s as Cole West launches sales at a new Utah community, attracting potential private lenders.
Figure Finalizes Kiavi Agreement, Incorporates Investor Loans into Blockchain Platform
Figure has completed its $717 million acquisition, positioning itself to tap into the $35 trillion home equity market, expanding opportunities for private lenders.
MILLION Leverages AI Technology to Compete with Major Brokerages
CEO Andrés Muñoz discusses the integration of AI in marketing, CRM, lead follow-up, and back office workflows, enhancing efficiency for private lenders.