Competition between remodeled resales and new-construction inventory offering concessions is forcing a redefinition of value and finish expectations in the housing market. As builders layer incentives—price offsets, upgrade packages or financing sweeteners—buyers increasingly juxtapose turnkey resales with freshly built product that effectively includes higher-spec [...]
The build-vs-buy framework for mortgage leaders frames a pragmatic evaluation of what technology to own versus procure. Leaders must weigh strategic control and differentiation against speed, cost certainty, and operational risk. Building delivers bespoke functionality and full data control but requires sustained investment in [...]
HUD has signaled that certain bank initiatives may run afoul of the Fair Housing Act, prompting scrutiny of lender behaviors that can produce discriminatory outcomes. The agency’s concern is framed around programs and practices that generate disparate impact or unequal credit access for protected [...]
UWM drops credit-score overlays on agency loans, shifting eligibility to automated underwriting while retaining credit-score influence on pricing and risk.
HousingWire Data shows a notable repricing in long-term mortgage costs, with the 30-year conforming average at 7.63% after a 31-basis-point uptick over a two-week span, while FHA rates climbed by 59 basis points. That speed and magnitude of increase compress borrower affordability, raising monthly [...]
Rocket Pro introduces Orbit, a nationwide broker rewards program tying production and loan performance, and extends its Compass 20bp pricing credit. Today.
SERHANT.'s move into Massachusetts, Texas, California and Colorado represents a strategic multi-regional expansion that broadens the company’s geographic reach across major and diverse housing markets. The expansion signals a push for greater national relevance, bringing its brand and brokerage capabilities into Northeastern, Southern, Pacific [...]
The financing round that doubled the company's prior valuation and welcomed Ribbit Capital as a new backer constitutes a clear market endorsement of mortgage-focused fintech strategies. Such a valuation leap signals stronger perceived product-market fit and growth potential, while the entry of a specialist [...]
A recent industry move follows guidance from the Federal Housing Finance Agency and the Department of Housing and Urban Development that opened both conventional and FHA lending to competing credit score models. That policy shift effectively removes the exclusive reliance on a single scoring [...]
KeyBank arranged $92.9M financing for a 166-unit South Los Angeles affordable housing project with 164 income-restricted units; relevant to private lenders
