Tech Pulse: Mortgage leaders stress forward thinking
Discover the latest tech trends in real estate such as AI, crypto, digital identity tools and cybersecurity challenges.
Mortgage
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Veterans are missing out on billions in VA loan benefits
A new Veterans United Home Loans analysis found that more than 58,000 VA loans went unused in 2024 — representing nearly $28 billion in potential mortgage volume.
New York AG Letitia James indicted on mortgage fraud charge
An anonymous source says James was indicted in the Eastern District of Virginia on one count after a mortgage fraud investigation.
CoStar economist details housing risks of extended government shutdown
Carl Gomez, chief economist and head of market analytics at CoStar Group, said the shutdown is casting a psychological shadow on housing.
Equifax slashes VantageScore 4.0 pricing as FICO launches new reseller model
Equifax announced changes to its pricing strategy following Fair Isaac Corp.’s rollout of a new program that allows tri-merge resellers to calculate and distribute its scores directly to mortgage lenders.
Kansas City Fed chair backs cautious approach on rates
Kansas City Fed Chair Jeff Schmid said he voted in favor of the Fed’s September quarter-point rate cut but sees no need for aggressive easing.
Exclusive: CrossCountry Mortgage CEO unveils organic growth strategy
Rather than pursuing mergers and acquisitions to strengthen its origination and servicing platforms, the company has focused on organic growth by acquiring mortgage servicing rights (MSRs) and building an asset management arm
CFO Kevin Ryan to retire from Better, will join PennyMac as chief strategy officer
Better’s chief financial officer, Kevin Ryan, is retiring from the company and will be joining PennyMac as chief strategy officer.
Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio
AI adoption lags in real estate despite new innovations. Also learn about title fraud prevention, compliance tools and AI assistants.
NEXA Mortgage rebrands to NEXA Lending, but it’s not a pivot to retail
Kortas hopes to lure large retail producers to the wholesale side by emphasizing their biggest advantage: wholesale pricing.