Operations

Zillow Covers FHA Down Payments, Steps Up Competition For Purchase Loans

The five-year forgivable loan gives Zillow another incentive to attract borrowers as it expands its mortgage business

Operations
FICO Ties $10 Mortgage Score Pricing To Lender Commitments

The Preferred Program bundles Classic FICO and FICO 10T at an unchanged wholesale price

Operations
LO Compensation: What The Split Doesn’t Tell You

NMP’s Ignite summit explored the rules, expenses, and platform differences that shape what originators actually earn

Operations
HomeQB And MaxClass Give Originators A New Approach To Professional Referrals

An Oct. 27 webinar will examine how originators can build relationships with financial advisers and other professionals

Operations
Fannie Expands Occupancy Checks; Freddie Targets Loan Defects

New DU updates put occupancy questions in front of lenders before closing, while Freddie reports lower defect rates on loans using automated tools

Operations
How Reliable Is That Home Value? MISMO Sets AVM Testing Guidelines

The guidance addresses valuation accuracy, confidence scores, and testing differences that matter for home equity and refinance loans

Operations
Pennymac Takes VantageScore Across Retail, Broker, And Correspondent

The rollout gives brokers and correspondent lenders another major outlet for VantageScore 4.0

Operations
Rocket Pro Launches Orbit To Expand Broker Rewards Eligibility

Orbit’s eligibility combines production with loan performance

Operations
TransUnion Locks In 99-Cent VantageScore Pricing Through 2028

More than 1,100 mortgage lenders have enabled the alternative score, but TransUnion tells NMP that “adoption” includes uses beyond loan originations

Operations
Can AI Crack The Mortgage Approval Gap?

A company white paper links lower decline rates to its AI-enabled workflow, then estimates the potential lending volume if those rates held nationwide.

Operations
Non-QM