10+ hour, 7+ min ago   (644+ words) Documents reviewed by the Housing Policy Council through a FOIA request show Fannie Mae and Freddie Mac opposed VantageScore 4.0 and favored bi-merge credit reports. The FHFA directed approval despite GSE objections, with the HPC now seeking further information disclosure." AI…...

1+ mon, 1+ week ago   (496+ words) A credit report shows a score and a list of tradelines. It does not show what to do next. When qualification hinges on small swings in a score, borrowers need coaching that translates data into actions. That is where modern…...

2+ mon, 2+ week ago   (335+ words) Freddie Mac's Quality Control Advisor Plus platform automates and consolidates loan review processes as it aims to reduce buybacks and loan defects. The platform will be available to all lenders by the end of 2025. " AI Summary The platform will "cut…...

3+ mon, 1+ week ago   (470+ words) We have known each other for years and frequently appear on the same panel or podcast. Recently, Mosi has made some points to address some of the challenges of down payment assistance (DPA) programs, and we wanted to share and…...

3+ mon, 2+ week ago   (309+ words) loanDepot, Inc. has restructured its leadership, moving key executives to new roles to enhance its Consumer Direct Lending focus. This strategic shift, led by CEO Anthony Hsieh, aims to leverage emerging technologies and strengthen the company's competitive advantage in the…...

3+ mon, 2+ week ago   (401+ words) Zillow and Esusu have partnered to offer a $20/year rent reporting service, allowing any U.S. renter to build credit history through on-time payments. The program, launching in November, has shown an average credit score increase of 45 points for participants." AI Summary…...

3+ mon, 3+ week ago   (257+ words) Credit Optimization is a data-driven tool pioneered by CreditXpert that has helped millions of borrowers qualify for a mortgage, make more compelling offers, close more loans and increase margins through higher pipeline conversion rates and lower LLPA premiums. " In this…...

4+ mon, 2+ day ago   (222+ words) Fair Isaac Corp. (FICO) has launched a program allowing tri-merge resellers to calculate and distribute its scores directly to mortgage companies, effectively bypassing the three nationwide credit bureaus: Equifax, TransUnion and Experian. Under the new program, FICO will charge in…...

4+ mon, 2+ day ago   (351+ words) Better's new HELOC targets small business owners, freelancers, gig workers and borrowers with complex or recently increased incomes, allowing them to use their home equity to offset other expenses." AI Summary Better announced on Wednesday the launch of its Bank…...

5+ mon, 1+ week ago   (1269+ words) Fannie Mae's latest Mortgage Lender Sentiment Survey points to a growing trend of lenders that want to make the mortgage process and its various components as efficient as possible. In 2025, lenders ranked streamlined business processes, reduced costs and consumer-facing technology…...