Mortgage – Page 57 – Cantilever Real Estate

House to hold key session on trigger leads bill in May

April 29, 2025 by bp56691

The Homebuyers Privacy Protection Act is expected to be considered during a markup session on May 20 — a process that determines whether a bill should be recommended for a full House vote and in what form.

VantageScore mortgage usage plunged 42% in 2024

April 28, 2025 by bp56691

VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years.

ESG team at Fannie Mae has been terminated: sources

April 25, 2025 by bp56691

Multiple sources told HousingWire that the terminations took place on Friday, following a series of moves designed to limit DEI.

The nation’s largest mortgage lenders are only getting bigger

April 25, 2025 by bp56691

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.

Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B

April 22, 2025 by bp56691

Pennymac reported lower revenue and earnings in Q1 2025, but it still has one of the largest servicing portfolios in the country.

Randell Gillespie named president of LeaderOne

April 21, 2025 by bp56691

Gillespie will be tasked with growing LeaderOne, which has a “unique collaborative ownership model.”

Closing costs for the typical home purchase now top $4,600

April 21, 2025 by bp56691

Closing costs ranged widely across the country, from as low as 0.46% of a home’s sale price in South Dakota to as high as 2.99% in Delaware.

Inside the Trump administration’s plans to gut the CFPB

April 21, 2025 by bp56691

HousingWire has obtained details of the planned mass layoff at the CFPB, which would see some divisions shrink dramatically or cease to exist.

Washington Legislature requests study of home equity investment products

April 21, 2025 by bp56691

The Washington Legislature wants to know more about home equity investments and has commissioned a formal academic study.

The CFPB announces sweeping job cuts: up to 90% gone

April 18, 2025 by bp56691

An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles