Pushing Mortgage Underwriting Further Into the Digital Age
Andy Sheehan of Finicity explains how Freddie Mac’s Loan Product Advisor acceptance of direct deposit data to assess income, payroll, and account transactions data for…
Author: MReport
Habitat for Humanity and the VA Partner to Increase Veteran Homeownership
New partnership geared toward expanding homeownership opportunities among the nation’s veterans will partially subsidize homeownership expenses and cost-burdens for up to 10 or 15 years…
CFPB Circular Reveals Financial Companies May be Held Liable for Putting Customer Data at Risk
The Consumer Financial Protection Bureau (CFPB) confirmed in a circular published today that financial companies may violate federal consumer financial protection law when they fail…
Bidding Wars Becoming Less Common
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin,…
Fairway Independent Mortgage Adds Three Execs
The addition of Scott Bristol, Brian Chick, and John Lowe continues the mortgage lender’s aggressive nationwide originator expansion. The post Fairway Independent Mortgage Adds Three…
Webinar Spotlight: Insights Into Virtual Appraisals, Borrower Communications & More
Explore the latest installments of the Five Star Webinar Series with subject-matter insights into an array of industry topics. The post Webinar Spotlight: Insights Into…
FHFA Announces Staffing Updates
The Federal Housing Finance Agency announced new Deputy Directors for the Division of Housing Mission and Goals and the Division of Bank Regulation. The post…
New Desktop Appraisal Rules: Today’s Pains and Tomorrow’s Gains
John Dingeman of Class Valuation describes how technology in the appraisal space has made the process significantly more efficient for eligible loans. The post New…