CrossCountry says borrowers are saving an average of $2,500 with VantageScore 4.0
Company cites a 62-bps average LLPA reduction in the first 60 days after scores improved
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NAMB’s Michael Farrell on 2027 priorities of mortgage education, advocacy and member benefits
Farrell highlights the new MORE education platform, plus policy priorities tied to LLPAs and VA loan funding fees
Analysts cast FICO’s $10 mortgage pricing as defensive volume play
Preferred Program locks in FICO pulls at $10 per score as industry shifts to multiscore framework
First Horizon sells $4.5B mortgage portfolio at discount
Bank is moving to align its mortgage production more closely with core relationship clients
Fannie Mae slashes 2027 mortgage forecast amid higher rates
Refinance activity takes the brunt of the revision
GSEs target income and occupancy to cut buyback risk
Mortgage giants are deploying tech to flag occupancy risk and income defects upfront
HUD eyes 203(k) renovation changes to boost housing supply
Recent draw changes and a potential review of consultant requirements signal a refocus on the product
MBA forecast: Mortgage volume to dip below $2T in 2027 as 7% rates linger
Trade group projected higher-for-longer borrowing costs, wider spreads and potential Fed hikes ahead
TransUnion, Equifax debut ‘score later’ tools for mortgage lenders
New workflows let lenders pull credit files without scores and add them later
FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models