Fannie Mae, Freddie Mac shifts and lender impact

In a world assailed by extreme weather, homeowners and purchasers need to know their property's vulnerability to wildfire or flooding. Ratings like those Zillow took down are a big improvement on often outdated federal flood maps and state wildfire maps. 

Michael Burry GETTY Sub

Michael Burry, the money manager made famous in The Big Short, believes a re-listing of the US housing-finance giants is "nearly upon us."

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Maintenance of key mortgage tools requires a nuanced strategy as the full cost will stretch across the tech stack, but inaction could be worse, experts say.
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Depositories, credit unions and nonbank lenders have different needs from their loan origination software, and smaller lenders are more agile customers.