Southern California owner refinances 1,461 units with $95.8M Voya loans.
E&S Ring refinanced six Southern California apartment properties through Voya Investment Management in a $95.8 million transaction arranged by Northmarq.
FICO freezes mortgage score bundle price at $10.
FICO holds a $10 bundle rate for Classic FICO and FICO 10T amid competitive pressure, signaling possible score sourcing cost pressure for lenders and.
Prioritize triage before developing strategy.
Urgent guidance for C-suite on triage steps when mortgage rates swing. Covers immediate actions, communication and risk for private lenders and servicers.
Mortgage rates at 7.28% raise monthly payments by about $215.
Breakdown of how a 7.28% rate increases P&I by $215 on a $429,100 median home with 20% down, raising payment implications for underwriting and servicing.
Pennsylvania lawsuit challenges $650 broker fee at Keller Williams.
A recent complaint targets a local franchise operation of a major residential brokerage, seeking class certification and an injunction in county court. The move to pursue class status signals an intent to consolidate claims from multiple consumers or agents into a single litigation track, [...]
UWM plans sale of up to $80 billion in MSRs to reduce leverage.
An issuer in the mortgage finance space is seeking to shore up its balance sheet by raising cash and issuing preferred equity specifically to retire or reduce nonfunding debt. Nonfunding liabilities typically refer to term loans, bonds or other obligations that are separate from [...]
Mortgage companies require both corporate and loan officer branding.
Mortgage firms increasingly rely on standard templates to enforce consistent branding, messaging, and regulatory compliance across websites, email campaigns, and agent profiles. Templates streamline operations, reduce legal and marketing risk, and enable faster onboarding and scale without sacrificing baseline quality. However, a strictly templated [...]
Trump’s executive order targets mortgage insurance and manufactured homes.
A White House fact sheet highlights administrative steps to lower housing costs and expand access by broadening title insurance waivers and reducing rates on USDA and VA direct loans. The move signals an effort to shave transactional expenses and streamline closings for eligible borrowers, [...]
White House executive order aims to reduce mortgage costs.
Draft executive order proposes changes to mortgage insurance, manufactured housing and refinance costs; implications for private lenders' risk and pricing.