Loan originators want to see guidelines expanded for borrowers with variable sources of income.

Experienced appraisers combine flood disclosure information and local knowledge to provide appraisal values that reflect the underlying risk to the property. And less-experienced appraisers were found to assign higher property values to homes in flood areas.

FCC one-to-one consent rule vacated; CFPB details cash-out refi usage; RiskSpan launches MSR analytics offering; AI tool helps with mortgage applications in Spanish.

Scott Turner, nominee for secretary of the Department of Housing and Urban Development, told senators during his confirmation hearing that Congress holds the purse strings.

While electronic closings offer faster turn times, adoption of the technology comes with some complications. Still, the share of eNotes is expected to triple by 2028.

The state’s anti-discrimination law is the first of its kind and will go into effect in 2026.

Economic uncertainty will require mortgage companies to be more flexible in how they scale their operations.

Recently divorced or widowed homeowners told the CFPB that mortgage servicers sometimes say they must refinance, even when they should be able assume the existing mortgage.

FCC warns scammers are successfully impersonating mortgage companies; Rocket begins first phase of rebrand; household growth expected to slow; MBA expands college program; Lower acquires technology vendor; MTC increases transparency on MSR valuations; Voxtur Analytics considering a sale; automated loan mod offering.

The jump in refinance business, and a shift from cash-out to rate-term transactions, changed the credit-risk profile for Fannie and Freddie in the fourth quarter.