Zelman & Associates’ updated outlook signals a significant deceleration in household formation, projecting roughly 1 million net new households per year in the latter part of the decade compared with about 1.8 million earlier. That moderation materially reduces baseline demand for new housing, altering [...]
Industry guidance has clarified that lenders obtaining a one‑time waiver may continue using UAD 2.6 for a limited transitional period beyond its scheduled retirement. The move provides immediate operational relief for originators and appraisal processors that lack fully deployed system or vendor integrations, reducing [...]
Multiple Listing Services (MLSs) are signaling a coordinated defensive posture by preparing for potential litigation and establishing an MLS Cooperation Legal Defense Fund to support challenges tied to cooperation policies. The fund is positioned to underwrite legal fees, coordinate strategy across member organizations, and [...]
Speakers at the industry forum in Austin laid out practical borrower scenarios showing how older homeowners can responsibly unlock a vast pool of home equity—nearly $15 trillion—without compromising housing stability. Using real-world case studies, the presenters illustrated a spectrum of strategies that convert illiquid [...]
A cooling trend in the Austin and Houston housing markets is shifting leverage toward purchasers as a spate of seller price reductions opens up previously out-of-reach listings. Reduced asking prices are expanding practical inventory, softening the frequency of competitive bidding and lengthening marketing time [...]
Utah lawmaker resigned after prosecutors charged him with alleged mortgage fraud involving false employment and income documents used to obtain Layton home
Rocket Mortgage adopts VantageScore 4.0 as preferred model for eligible DTC mortgages after testing 1.4M+ credit reports—implications for private lenders...
ORRA data indicates a pronounced shift in buyer behavior as rising borrowing costs reshape affordability and demand. More than half of prospective buyers are migrating toward lower-priced homes, a move driven in large part by the 30‑year fixed mortgage climbing above 7%. That combination [...]
Regulators should require clear, timely notice to affected parties whenever activity restrictions or supervisory limits are imposed, to preserve consumer protection and market integrity. Mandatory notice helps borrowers, counterparties and downstream servicers understand operational constraints that could affect loan servicing, pricing or eligibility, and [...]
Letter requests opt-out from non-IDX and VOW vendor feeds; outlines impacts for listing access, vendor controls, compliance risk and lenders due diligence.
