Underwriting

As non-QM lending keeps growing, RiskSpan says its new tool gives lenders and investors a better way to judge borrower risk

MISMO's updated SMART Doc guide arrives as digital adoption jumps from 74% to 90% of lenders — here's what's changed and who's still exposed.

Sales trends for new homes are on the upswing, another reason mortgage lenders need to keep an eye on this segment, the Mortgage Bankers Association found.

Bob Murphy was a key figure in vendor management as the co-founder of Lenders Service Inc., which is considered the first AMC, and later created ValuAmerica.

Three more states passed title fraud legislation this past quarter, but over two dozen states are either still mulling reforms or have no relevant statutes.

Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.

The Request for Information follows Pres. Trump's March 13 executive order, "Promoting Access to Mortgage Credit," the Bureau said.

However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.

The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.

Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.

The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.

This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.

The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.

The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.

While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.

Fake jumbo mortgages are helping non-agency securitization growth, but these loans could have higher than expected delinquency rates, an analysis said.

ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.

DSCR loans once allowed coverage ratios as low as 0.65, but 2023-24 vintage stress is pushing lenders toward stricter underwriting and interest-only structures.

There's broad support for the effort to reduce costs and processes, but the Appraisal Institute warns about reducing property valuation quality control checks.

Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.