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.
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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.
FICO’s new program draws mixed reviews from mortgage market
Fair Isaac Corp.’s (FICO) decision to let resellers calculate and distribute its scores directly to lenders drew a mixed response from the mortgage industry.
West Capital Lending partners with Mortgage Connections
The partnership with the Michigan-based brokerage supports West Capital’s national expansion strategy and deepens its Midwest presence.
FICO bypasses credit bureaus with new program for mortgage lenders
Fair Isaac Corp. (FICO) has launched a program allowing tri-merge resellers to calculate and distribute its scores directly to mortgage companies.