It’s not yet clear exactly when the Homebuyers Privacy Protection Act will take effect, but mortgage industry experts say loan officers should already be changing their marketing practices.
Bilt is a payments platform that offers rewards to consumers. The company recently received a $100 million investment from United Wholesale Mortgage at a valuation of $10.75 billion.
Intercontinental Exchange maintained its guidance for low- to mid-single digit revenue growth this year from its mortgage technology segment, supported by incoming clients.
The perceived morality of mortgage forbearance increases when the borrower pays for the option to forbear, regardless of the political affiliation or personal characteristics of the borrower, according to researchers.
The use of positive rental payment data and cash flow underwriting in new credit score models is expected to increase the number of borrowers that qualify for mortgages.