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.
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 [...]
The agency expands into Rhode Island.
The Agency has expanded its global branch network by opening 27 new offices, bringing its total to more than 190 locations across 17 countries. That scale reinforces its position as a sizable player in mortgage distribution and servicing, improving local access to retail and [...]
Florida remains the leading choice among retirement destinations.
Orlando’s ascent to the top spot is rooted in a tax environment that materially shapes local housing and mortgage markets. Favorable tax policies attract inbound migration and investor activity, amplifying demand for owner-occupied and rental housing and driving higher mortgage origination volumes. The market [...]
Opendoor advances mortgage offerings while reporting controlled costs.
Opendoor’s loan offering is no longer constrained to purchases of its own listings; borrowers can now use the product to finance any home purchase on the open market. The move represents a strategic expansion of a vertically integrated business model into a broad retail [...]
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.
NEXA Lending introduces new model featuring full revenue split for LOs.
CEO Mike Kortas emphasizes the importance of access for producers in the mortgage industry, advocating for equitable opportunities for all stakeholders.
Pressure for Social Security Reform Grows Before Upcoming Elections
Retirement trust funds are at risk of insolvency, prompting concerns among private lenders about the future of funding stability and investment opportunities.
Chris Kelly: Mortgage Servicing as Real Estate’s New Lead Engine
Discover how effective servicing can enhance agent relationships for private lenders, creating valuable touchpoints that reveal refinancing and move-up opportunities.