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
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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
FHFA set to order Fannie, Freddie to accept two-bureau credit reports
The requirement is expected to take effect one to three months after it is announced, per Bloomberg
Gateway First Bank to acquire Colonial Savings
The transaction is expected to close in the first quarter of 2027
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
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
Truss Financial scales hybrid model with new direct lending platform
Truss is adding in-house underwriting and funding to cut turn times
Real REMAX Group halts Motto Mortgage franchise growth
Vic Lombardo, the president of REMAX’s mortgage services, had stepped down from his role