Industry News
Coming Up:
Congress Passes Legislation To Extend National Flood Insurance Amid Shutdown Concerns
The move ensures continued flood insurance coverage, essential for many homeowners in high-risk flood areas, during peak hurricane season.
Equity Prime Mortgage Launches BEABLVR.com To Recruit Loan Officers
EPM aims to transform 4,000 retail loan officers into loan originators, emphasizing the growing benefits of the wholesale sector in the housing market.
Fannie Mae Introduces Spanish-Language Homebuyer Education Program
The new platform, HomeView en Español, aims to bridge language barriers hindering Hispanic-Americans from purchasing homes..
Layoffs At Better.com
After a rocky market debut, Better.com has laid off staff.
CFPB Issues Guidance On AI In Credit Underwriting
Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.
Intercontinental Exchange Completes Black Knight Acquisition; Births Dark Matter Technologies Under Constellation Software
Rich Gagliano takes the helm at Dark Matter Technologies, poised to lead the future of Empower LOS with a 1,300-strong team, blending startup agility with decades of industry experience.
FHFA Invites Public Engagement On Modernized Credit Score Transition
Stakeholder forums and listening sessions planned to ensure seamless rollout; extended timeline for bi-merge credit report requirement in play.
Desperation Drives Difficulty in Closing Mortgages in California
Analysis reveals California among top 20 toughest states for mortgage closures.
If You Build It, They Will Come
Ratings will go a long way toward growing the market for home equity-backed securities
Mortgage Banker