Fairway Home Mortgage is partnering with Made Card to offer a credit card which will provide points for making their normal monthly loan payments and for purchases of home products…
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Foreign buyers and local investors continue to play a critical role in the U.S. housing market, pushing ahead with purchases and refinances despite rising costs, shifting politics, and slower returns.…
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Key insight: Federal Reserve Gov. Stephen Miran says monetary policy is “too restrictive” and that the central bank should cut rates quickly. Supporting data: Miran cited slower population growth due…
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Why non-QM underwriting is guiding mortgage lending’s future
by Jayendran GSby Jayendran GSThis has been a year of contradictions for mortgage lending. Rates remain elevated, inventory is scarce, origination volumes are weak — yet one segment of the market continues to surge.…
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Key insight: FICO’s partnership with Plaid shifts credit scoring more toward real-time cash-flow signals. Expert quote: Cornerstone Advisors’ Ron Shevlin says real‑time cash flow can provide a more up‑to‑date credit…
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Key Insight: Federal Reserve Gov. Lisa Cook says emerging risks are arising over how artificial intelligence may influence financial markets. Expert quote: “Recent theoretical studies find that some AI-driven trading…
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The Federal Housing Administration is waiving its policy requiring mortgagees to provide borrowers with a longstanding notice that lays out FHA loan rights and responsibilities. The waiver for use of…
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Mortgage rates rose again this week after the federal government shutdown ended, giving investors access to economic data to guide their decisions. Industry pundits and prognosticators today largely believe…