Century Communities bought HistoryMaker Homes, tripling DFW communities while keeping development teams and opening private-lender financing demand today. (154 characters — within the 155-character limit)
Freddie Mac sold four pools totaling 1,968 deeply delinquent mortgages (unpaid principal $428M) to VRMTG ACQ and Igloo Series VII Trust—buyer details info.
Mortgage Connect buys Stavvy and combines eClosing with Simply Secure Sign, unifying digital collateral and eNote workflows to benefit private lenders now.
HUD OIG audits found $4.3M+ in improper housing-assistance payments across major city housing authorities; flags for underwriting and portfolio risk signs.
Non-escrowed property-tax delinquencies at 5.2% raise collection risk and cash-flow pressure for private lenders reviewing portfolio and underwriting risk.
Private lenders: Garg's 90-day plan for Better aims at a $50M expense base, HELOC/wholesale growth, a CEO search and potential bank sale and bank sale bid
A new compliance and quality-control tool is being presented to the industry that ties every automated finding directly to page-level evidence, creating a clear, auditable trail between system conclusions and the source documents they reference. By anchoring flags and exceptions to the exact pages [...]
Market intelligence from ICE and Optimal Blue points to an incoming cohort of adjustable-rate mortgage resets that is sizable but broadly manageable for the industry. The data indicate that many ARMs are cushioned by contractual rate caps, borrower credit quality and home-equity buffers that [...]
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 [...]
Valon raised $150M Series D at $2.3B valuation; one in six U.S. mortgages is contracted on ValonOS - practical servicing implications for private lenders.
