AARP lays out six areas of financial health for retirees
Rising prices, Social Security uncertainty and record debt are compounding worries
Mortgage
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Auction.com taps John Ken as SVP of marketing
Ken plans to widen education paths for buyers new to the process
Gateway First Bank to acquire Colonial Savings
The transaction is expected to close in the first quarter of 2027
Fed hikes rates, with analysts seeing more tightening ahead
Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employment
Leah Price moves on from Better, will join UWM’s tech team
Price joined Better in June 2025 after leading fintech work at FHFA and Figure Technologies
AD Mortgage launches lender-paid rate buydown option
The company also extended its 50-bps pricing promo through Sept. 30
DSCR loans are booming amid fragmented underwriting standards
After rampant fraud in Baltimore made headlines, underwriting guidelines and elevated fraud risks have the market on high alert
MISMO board adds VantageScore, Guild and FICO leaders amid credit modernization push
Anthony Hutchinson of VantageScore, Gemma Currier of Guild Mortgage and Eric Lapin of FICO are the new board members
CCM pushes conforming loan limit to $845,000 ahead of FHFA announcement
Increase aims to give conventional lending options to more high-balance borrowers
New credit score pricing grids point to higher borrower costs, report shows
Analyses indicate the newly released pricing grids could make loans more expensive with VS 4.0