Rocket Mortgage rolls out bullish $822,550 conforming loan limit
The 2.4% increase ahead of an official announcement in November surpasses more cautious 1.5% increases adopted last month by UWM, Pennymac, CrossCountry and Rate
by Matt Carter Oct 17
Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
Once Fannie Mae and Freddie Mac are ready to start accepting VantageScore 4.0, the algorithm will go head-to-head with the less inclusive FICO Classic score for conforming loans
by Matt Carter Oct 10
Fannie, Freddie close NY offices as Trump battles Letitia James
The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say
by Matt Carter Oct 6
Credit bureaus slam plan to cut them out of FICO score pricing
Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac's new direct license pricing as a useful first step, but said more reforms and competition are needed
by Matt Carter Oct 2
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Rocket Companies has closed its acquisition of mortgage servicer Mr. Cooper for $14.2B. The final price is 51% higher than the initial offer of $9.4B
by Marian McPherson Oct 1
Democrats seek transparency into Fannie, Freddie 'reprivatization'
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a 'North Star' in their plans, but Dems complain they've been shut out
by Matt Carter Sep 26
Lenders getting a jump on higher 2026 conforming loan limits
UWM and Pennymac are pricing jumbo loans of up to $819K as if they were conforming, ahead of an official announcement by Fannie and Freddie's federal regulator in November
by Matt Carter Sep 19
Trump asks Supreme Court to remove Fed Governor Lisa Cook
Lower courts have ruled Cook can continue to serve on the central bank's board while she challenges the Trump administration's move to fire her over unproven mortgage allegations
by Matt Carter Sep 18
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
Trump's move to fire Cook likely violated her right to due process, and 'for cause' provision for removal is limited to behavior in office, judge rules in granting preliminary injunction
by Matt Carter Sep 10
Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Sep 5
U.S. Pardon Attorney Ed Martin, who is heading up the Trump administration's investigations of alleged mortgage fraud by political opponents, at a May 13 press conference.
Cook's attorneys say she did not commit mortgage fraud and is being targeted by the Trump administration to undermine the Federal Reserve's independence
by Matt Carter Sep 4
Trump administration 'in no rush' to do Fannie, Freddie IPO this year
Democratic senators asked federal regulator Bill Pulte on Aug. 29 to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates
by Matt Carter Sep 2
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled new allegations of misrepresentation on a third property
by Matt Carter Aug 29
Dems seek answers on impact of Fannie, Freddie IPO on rates
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
by Matt Carter Aug 29
Trump vs. Fed, Taylor Swift, your referral blueprint: Inman’s Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Aug 29