More than 50 lenders are offering $845,000, $847,440, or $850,000 before FHFA acts, but investor execution and lender overlays determine which borrowers can use them
Tagged: Rocket
With an announcement reportedly possible, the fight over two-bureau versus tri-merge credit reports is putting cost, borrower outcomes, and lender choice in the spotlight
More than 1,100 mortgage lenders have enabled the alternative score, but TransUnion tells NMP that “adoption” includes uses beyond loan originations
CHLA sees new Fannie and Freddie score disclosures as a first step toward more competition, while lenders are already finding different borrower outcomes under today's models
Amid a lingering government shutdown and weakening labor market, the Federal Reserve has reduced interest rates by 0.25 percentage points at the conclusion of its October Federal Open Market Committee meeting
What started as a Facebook group now educates 100K+ veterans monthly — Vetted VA and Rocket Pro working to bring ethics, clarity to a broken system
The nation's second-largest lender starts off the year strong
New Opportunities On The Horizon