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The U.S. Mortgage Insurers put out a blog promising its members would be ready to accept submissions for coverage which were scored using VantageScore.
August 28
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The Federal Housing Administration is moving to the same standard for the new Uniform Residential Appraisal Report that the conforming market is adopting.
August 27
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The increase in purchase volume was not enough to offset the drop in refinance application submissions as conventional rates increased week-over-week.
August 27
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The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.
August 26
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The judge sided with Massachusetts officials in a review of their lawsuit against Hometap, who pushed back on descriptions of its products as "illegal" loans.
August 26
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Fintech loan provider Knock said the transaction will allow it to accelerate funding for its bridge financing originations, which surged 126% year over year.
August 26
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Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.
August 21
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The American Land Title Association has created two policy endorsements and updated its best practices to combat seller-impersonation fraud.
August 20
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The department will seek to make its oft-criticized platform more user-friendly through a contract with Phoenixteam, aligning it to industry-peer standards.
August 20
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Say goodbye to Fannie Mae form 1004 and various addendum as lenders and appraisers have to get ready to work with the Uniform Residential Appraisal Report.
August 20 -
Nonbank lenders saw production income surge, returning to the black for the first time in three quarters, according to the Mortgage Bankers Association.
August 19
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The Bank of Glen Burnie has bought VA Wholesale Mortgage, a veteran owned-and-operated company which specializes in working with military families.
August 18
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ICE Mortgage Technology originally planned to complete the Encompass SDK to API migration by Oct. 31; now users have an additional 14 months.
August 15
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Whittemore and his team are working to help the company handle both growth and diverse loan types, including non-QM, RPLs and NPLs.
August 12
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July's growth in products correspond with a noticeable rise in new applications for adjustable-rate mortgages as borrowers respond to recent rate movements.
August 12
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New insurance written at the six private mortgage insurers increased by only 2% year-over-year, a sign of the sluggish home sales market at the low end.
August 12
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As mortgage rates dip, more homeowners are turning to cash-out refis for quick access to cash, ICE says.
August 11
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A government-sponsored enterprise and companies that sell them are making modern houses more affordable in line with larger public and private market trends.
August 11
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Blend Labs had 23 new or expanded relationships in the fiscal period, double that of the first quarter, including 18 related to consumer banking or home equity.
August 8
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From warehouse offerings from a subservicer to a development willing to take crypto for purchases, these firms are looking to fill holes in the market.
August 7
