The plan to move to a bi-merge process allowing lenders to use 2, instead of 3, credit reports was announced last October by FHFA, Fannie Mae and Freddie Mac's federal regulator
To qualify for grants being made through Wells Fargo's existing Special Purpose Credit Program, homebuyers can't earn more than 120% of the area median income
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities
As it continues to sign private label partners for its blockchain-powered loans, Figure says it's provided more than $6B in HELOCs to roughly 85,000 households in 45 states
Menlo Ventures, a backer of HomeLight and Qualia, led the funding round and will take a seat on San Francisco-based startup's board
JD Power finds customer satisfaction is highest when lenders employ the right mix of technology and personal interactions
Sponsors and exhibitors ready with solutions to enhance the business and bottom lines of real estate professionals at Inman Connect New York
Prospect Mortgage and Movement Mortgage are 'preferred' lenders