VantageScore mortgage usage plunged 42% in 2024
VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years.
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ESG team at Fannie Mae has been terminated: sources
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
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.
BofA, Citi warn of slower growth ahead as mortgage business softens
Bank of America and Citi reported lower mortgage production between Q4 2024 and Q1 2025 — and conditions ahead could remain challenging.
Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.
CHLA urges FHFA director to keep issues for small IMBs in mind
CHLA laid out what it sees as priorities for FHFA related to smaller IMBs in a letter to its new director, Bill Pulte.
UWM’s Jason Bressler explores Sphere LOS integration
In this episode of the PowerHouse podcast, Diego Sanchez interviews UWM CTO Jason Bressler about the lender’s integration with Sphere LOS.
Loan officers are seeing an uptick in FHA, VA demand
Loan officers are seeing increase demand for government mortgages, and if rates go lower, there could be a wave of refinances to follow.
Floify launches tool to streamline mortgage applications, support compliance
Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. The no-code tool aims to simplify the application process for borrowers while ensuring regulatory compliance and expediting approvals.
Rocket Mortgage’s origination volume rises to $27.8B in Q4
Rocket Companies recorded net revenue of $1.8 billion and GAAP net income of $649 million in the fourth quarter of 2024.