Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance
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OMB Director Russell Vought put accusations that Federal Reserve Chair Jerome Powell lied to Congress about a $2.5B renovation of the Fed's headquarters in writing Thursday
Mortgage giants allegedly weren't informed in advance that they'd be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work
While questions remain about details of the new policy, FHFA Director Bill Pulte says mortgage lenders must still use 'tri-merge' process to obtain scores from all 3 major credit bureaus
Price softening continues to spread from the Sunbelt into the Western U.S., and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports
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Bill Pulte made his pitch in a statement on Wednesday. The FHFA director and President Donald Trump have been trying to pressure Powell to resign amid high interest rates
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Common Securitization Solutions (CSS) has rebranded as US Fin Tech and will look to provide technology and business solutions to companies in addition to its owners
As Federal Reserve policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90%, up from 64% a week ago
Head of Fannie Mae and Freddie Mac's federal regulator says mortgage giants should consider what risk mitigation might be required, 'including adjustments for market volatility'
Overseas investors hold about $1.36T in US mortgage debt, with Japan, China, Taiwan and Canada accounting for 61% of that total. South Korea ranks 10th with $36.5B invested
Nation's largest lender reboots 1% down loans that cover up to $7K of the homebuyer's down payment when financing a purchase with a loan backed by Fannie Mae or Freddie Mac
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'