Industry News
Coming Up:
Figure Goes Public As HELOC Growth, Marketplace Vision Take Center Stage
After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets
Nine-Tenths Of A Million Paid Off Their Home Loans In 2024
Vermont, New Mexico lead among states with most mortgages paid off last year
Housing Costs Keep Climbing, Squeezing Both Buyers And Renters
Even as rates ease, latest ACS data show typical owner costs outpacing income gains and tightening DTIs
The Fight Of The Century
The ultimate mortgage showdown is here—Mortgage Bankers vs. Mortgage Brokers—who will claim the crown?
Racial Gaps In Mortgage Denials Persist Despite Industry Progress
Applications analysis reveals systemic disparities in lending — here’s how the industry should respond
Black Homeownership Rate At Lowest Level In Nearly Four Years
Rate falls about 3.1% YoY in largest drop since 3Q 2021, report finds
UWM Taps Market For $1B To Fund Growth
Upsized 6.25% notes offering closes next week, bolstering liquidity for the industry’s largest wholesale lender
‘Great Credit Score War’ Heats Up
Study finds VantageScore 4.0’s edges over Classic FICO ‘overstated’ or incorrect; VantageScore brushes findings aside
Pennymac Installs Vesta LOS
Announces strategic equity stake, deployment of Vesta’s cloud-native LOS