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Coming Up:
Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline
VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program
loanDepot Nears Break-Even, But Adjusted Profitability Still Lags
Home equity and purchase lending lifted production economics, while management characterized its relaunched wholesale channel as a supporting business rather than a major growth engine
Lower Launches 1% Down Mortgage With $4,500 Grant Cap
ONE by Lower is available to qualifying first-time and repeat buyers, but borrowers purchasing above $225,000 may need to contribute more than 1%
August 6 Isn't The Finish Line. It's The Starting Line For AI Governance.
Fannie Mae’s new requirements put AI oversight into practice, giving lenders a clear starting point for identifying risk and building responsible governance
How Originators Are Getting First-Time Buyers To The Closing Table
Three originators shared their first-time buyer strategies during the latest installment of NMP Ignite
ROAD Act’s Housing Incentive May Be Too Small To Move Supply
Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets
She Doesn’t Need A Co-Signer Anymore
Single women are now buying more homes than single men
MORTGAGE WOMEN
Argyle Promotes Hardesty To CRO, Esquibel To Mortgage VP
John Hardesty and Daniel Esquibel take on broader roles amid growth across the verification provider’s markets
Carrington Closes Valon Mortgage Acquisition, Nears 2 Million Serviced Loans
Deal adds approximately 810,000 loans and clears the way for Carrington to make ValonOS its core servicing platform