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Coming Up:
Repetition Bias Leads To Increased Mortgage Fraud
Underwriters are presented with 1,500 loans marked as "fraudulent" and they have to find the one that is genuinely fraudulent — a near impossible task.
Opendoor Reports Surge In Total Revenue And Sales In 2021
Total revenue of $8 billion, up 211% versus 2020, with 21,725 homes sold, up 119% versus 2020
Freddie Mac's CRT Program Reports 2021 Issuance Of Nearly $20B
Insurance protects $828.5 billion in unpaid principal balance of single family mortgages.
America’s Moneyline Counter-Sues UWM
Brokerage fires back at UWM with a countersuit while the lender sues two more broker partners.
Possible Merger Between 2 REITS
43 million square feet if the merger goes through.
Pending Homes Sales Decrease Again In January
Slump continues three-month drop in transactions.
Russia-Ukraine Conflict May Dampen U.S. Mortgage Rates
Freddie Mac survey finds rates had fallen slightly over the past week; economists say conflict one reason for that.
NAREB Names New Executive Director
C. Renee Wilson had been serving as interim director.
Rocket Companies Report Down Earnings, But Issue Special Dividend
2021 annual revenue down $2.7 billion from 2020.