Competition for positions is getting steeper among loan officers as hiring continues to stagnate, but tech-driven productivity gains means potential payoffs for top performers are higher than ever.

MBS disclosures show that, from April to June, VantageScore 4.0 has only been used to qualify roughly $579 million in mortgages in Fannie Mae or Freddie Mac pools.

If the Federal Reserve is able to reduce inflation, Fed Chair Kevin Warsh believes that interest rates on mortgages will come down. Economists in the mortgage market aren’t expecting lower rates anytime soon.

Foreclosure processing, completions and starts are nearing pre-pandemic levels.

Homebuilders believe that in addition to the federal housing bill, localized reforms are needed to address housing affordability.

Equifax CEO dismisses concerns about lenders gaming the GSEs’ underwriting standards; Fannie’s home price survey marches on.

Any impact from the landmark 21st Century ROAD to Housing Act could take years, with the Republicans proudly touting that the law doesn’t include any new funding.

Historic data appear to show that FICO 10T credit scores are slightly more accurate than VantageScore 4.0 at predicting defaults.

Lenders are adjusting their retail strategies, with some investing more heavily in distributed retail and others looking more closely at wholesale and direct-to-consumer.

In his first appearance before Congress as CFPB acting director, Russell Vought argued that changes to the CFPB were necessary as the bureau was “out-of-control.”