Longbridge’s Melissa Macerato on the impact of new proprietary product
Longbridge Financial’s new proprietary addition is designed to reconnect with those short to close and appeal to younger eligible borrowers.
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VantageScore mortgage usage plunged 42% in 2024
VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years.
Mortgage rates settle down after wild ride
Last week, mortgage rates and the 10-year yield slowly moved lower as the week progressed. Can this relative calm last?
Compass files an antitrust suit against NWMLS over its CCP
NWMLS is not Realtor association affiliated and its Clear Cooperation Policy does not allow for office exclusives.
ESG team at Fannie Mae has been terminated: sources
Multiple sources told HousingWire that the terminations took place on Friday, following a series of moves designed to limit DEI.
Reverse mortgage industry descends on California for first NRMLA event of 2025
The reverse mortgage industry’s first event of 2025 is happening in Irvine, California, and NRMLA’s president offers a preview.
HUD reinstates nonprofit’s affordable housing grants after appeal
The restored Community Compass and Distressed Cities agreements allow the Cleveland-based nonprofit to resume work supporting communities facing economic hardship.
The nation’s largest mortgage lenders are only getting bigger
Inside Mortgage Finance (IMF) data for the first quarter of 2025 was released this week. The numbers show little movement in the composition of the top 10 originators, but there is significant volatility in sales volumes on both a quarterly and yearly basis.
DC’s housing market is shifting rapidly. Are federal layoffs driving it?
Altos data suggests the housing market dynamic in Washington, D.C., has shifted since the beginning of Trump’s second term.
Reverse mortgage conversion software adds Smartfi proprietary product
The HECM Tool reverse mortgage sales and conversion platform has engaged with Smartfi to include its proprietary product in its offerings.