Lenders are pushing for changes to a Colorado rule that will create new obligations for developers and deployers of automated decision-making technology that materially influences consequential decisions.
MSR owners risk paying for fees they’re not responsible for and potentially overpaying for contracts if they don’t regularly review subservicer invoices, said Steve Stone, managing director at consultancy Garrett, McAuley and Co.
Fannie Mae and Freddie Mac securitizations jumped 11.1% last month, reversing a three-month declining trend. On a year-to-date basis, GSE sales were up 22.5% from the first eight months of 2025. (Includes two data tables.)
Even though FHFA Director Bill Pulte spent much of last year floating the idea of LLPA reform as a way to lower the cost of a mortgage, the new LLPA grids for VantageScore 4.0 were not accompanied by a reduction in fees for Classic FICO loans.
The agency must release 1,746 documents requested by FOIA specialist Jason Leopold because it failed to adequately demonstrate foreseeable harm from their release.
New research suggests that as much as a third of the difference in a loan’s VantageScore 4.0 score and its FICO 10T score is unrelated to the credit-scoring model.