New York-based fintech Better is branching out by selling its AI-driven mortgage underwriting software to banks.

House Republicans introduced bills to expand production of, and access to, manufactured housing as one antidote to the current housing shortage.

Rent payment history and bank account income verification are just the start. Machine learning algorithms also promise better risk assessment and more accurate pricing for that risk.

The federal government should put an emphasis on building affordable housing with resilient materials that can withstand natural disasters, according to Rep. Mike Flood, R-NE.

Rocket Mortgage, United Wholesale Mortgage to increase stock float; UWM launches tech offerings for brokers; Blend selling title insurance unit.

Economists at the MBA don’t think interest rates on mortgages will decline much this year. Economists at Fannie Mae project a sizeable drop.

New artificial intelligence technology provides both promise and complications for the mortgage industry.

Among the top-five lenders in terms of applications received for conventional-conforming mortgages in 2024, Rocket Mortgage had the highest overall denial rate at 15.9%. JPMorgan Chase ranked second with a rejection rate of 12.0%. (Includes data table.)

The reporting of positive rental payment data to credit reporting bureaus can help increase homeownership opportunities.

Rosy recapture-rate projections prompt some pushback; Fitch removes Rocket from downgrade watch; PennyMac upsizes debt offering; MISMO seeking comments.