The mortgage giants recorded a combined $1.94 billion in third-quarter provisions, with higher projected rates extending credit exposure and signs of stress emerging among newer loans
Lender reports a 62-basis-point reduction in loan-level pricing adjustments for qualifying transactions and removes an 80% LTV restriction as alternative credit scoring gains traction
A new LendingTree survey finds homeowners postponing essential maintenance as costs mount, raising concerns about property conditions, mortgage eligibility, and the limits of home equity financing
Wholesale lenders have adopted different rules for appraisal transfers, loan product changes, and reporting formats, adding complications for brokers and appraisers ahead of the Nov. 2 mandate