HUD discloses key HECM data after 17 years: Payoff data vital to secondary market for reverse mortgages

More lenders are checking borrowers’ credit with credit scoring company VantageScore, which was developed by Experian, TransUnion, and Equifax, the three major credit bureaus. VantageScore reported that use of its creditworthiness-checking service spiked last year to nea...

Mortgage lending and digital financial services provider, Rate Companies, has hired Torrey Jacoby as vice president of mortgage, to be based in Houston, Texas. Jacoby’s a top 1% originator both locally and nationally and brings more than a decade of experience and a track re...