Texas version caps loans at $500,000, requires 680 credit scores, and excludes the company’s mortgage-payoff option

Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work

The transaction would increase Velocity’s originations to approximately $4.8 billion and assets under management to roughly $10 billion

The 14-year company veteran joined as an intern and most recently served as vice president of marketing

HUD’s proposed rollback of housing protections could deepen barriers for underserved borrowers, shrink the pool of prospective homebuyers, and ultimately cost loan originators business

Two certifications move the industry’s FRAME initiative from governance guidance toward product-level validation and implementation