A corporate disclosure indicates that Daniel Lewis has been removed as interim CEO of the issuer, with an SEC filing confirming the leadership change and noting an effective transition point. The public filing offers limited detail on the circumstances, leaving open whether the action [...]
Industry leaders are responding as CRMLS seeks to stop Compass from pursuing a court challenge to MLS rules, framing the dispute as a broader contest over who controls listing governance and data access. The clash highlights core tensions between large platform-style brokerages and traditional [...]
Mortgage lenders are shifting to pulling both FICO and VantageScore on every credit inquiry, a move designed to broaden the informational foundation for underwriting and pricing decisions. Capturing dual scores exposes model divergences that can materially influence eligibility and risk tiering, enabling underwriters and [...]
Sen. Warren alleges FHFA is withholding GAO-requested records in probe of Director Bill Pulte's mortgage-fraud referrals; FHFA disputes obstruction. Probe?
Evaluate lead programs by cost per closed loan rather than salary or dialer fees; focus on acquisition efficiency, conversion rates and true cost-to-close.
The digital lender’s assertion that its mortgage rates run about 50 basis points below the national average positions the firm as a potential price disruptor in a competitive origination market. If broadly applicable, that spread could produce meaningful monthly payment savings for borrowers and [...]
The Federal Home Loan Banks’ Mortgage Partnership Finance® Program operates as a strategic funding and partnership platform that helps community banks and credit unions broaden mortgage activity and increase homeownership capacity. By offering wholesale liquidity and tailored mortgage financing arrangements, the program enables member [...]
An industry notice indicating imminent payment distribution has concrete operational implications across the mortgage ecosystem. Even without full detail, the expectation of funds moving requires servicers, trustees and payment processors to confirm liquidity lines, validate remittance instructions and reconcile accounts to avoid settlement failures. [...]
Relying on quarterly fair‑lending tests leaves lenders vulnerable to model and performance drift that can alter disparate‑impact patterns between reviews. Market dynamics, rapid product changes, portfolio mix shifts and evolving applicant behavior can produce material changes in underwriting and pricing that episodic snapshots miss. [...]
Mortgage and real estate agents can convert closings and annual follow-ups into meaningful estate-planning conversations by introducing wills and trusts tools at those moments. Closing is a high-attention event where ownership transfer and beneficiary considerations are top of mind, so brief, well-framed information about [...]
