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Coming Up:
UWM Brings Servicing In-House with ICE Mortgage Technology Partnership
Move aims to boost broker retention, borrower experience
Kind Lending Hires Jennifer Folk As Chief Operating Officer
Mortgage industry veteran to focus on infrastructure, service delivery, and expansion at Kind, company says
‘Great Opportunity To Trim Fat’ At Fannie Mae, FHFA Director Pulte Says
Fannie Mae’s net income falls 11% from Q4 2024 as net worth climbs nearly 4% to $98.3B
Wisconsin Accused Of ‘Home Equity Theft’
Homeowners seek to recover tens of thousands as Wisconsin joins nationwide crackdown on $20,000–$240,000 ‘home equity theft’ windfalls
VantageScore Use In Mortgage Originations Up, Though Use By GSEs Falls
Company marks record credit scoring usage spike, with 55% overall increase in 2024
Rate Brings On Top LO Torrey Jacoby As VP Of Mortgage
Jacoby switches to Rate after seven-year tenure because of originator support, tech, and sales culture, EVP says
GSEs’ Second Home Fee Bump Missed The Mark
GSE fee hike raised borrowing costs by $1,867 annually and cut high-LTV second home loans by 23%, with little gain for first-time buyers, CFPB study finds
Software Team Claims To Save Home Appraisers Over Three Hours
New AI integration shaves off more than 180 minutes from each valuation report, enabling appraisers to double daily output, Aivre contends
Rithm Capital Reports $36.5M Net Income For Q1 2025
Total funded originations for quarter for Rithm's Newrez were $11.8B, a 9% YoY increase