Lenders Can Limit Employee Access to Fannie Tech July 24, 2023 Dennis Hollier The feature was first rolled out in May...Read More
Short Takes: Standards for Fee Names / Originations Weaker Than Expected / Cash Share of Home Sales Declines / Supply and Demand July 20, 2023 Brandon Ivey MISMO provided some standards for nearly 200 fees that a borrower could see on a Loan Estimate form.Read More
ICE, Black Knight Plan to Sell Off Optimal Blue Business July 17, 2023 Brandon Ivey The FTC recently delayed an evidentiary hearing regarding the planned merger...Read More
Short Takes: One More Rate Hike? / Lender Offers AI Chatbot / New Jumbo MBS July 14, 2023 Brandon Ivey After one more interest rate hike, the Federal Reserve will likely take a break for awhile, S&P Global Ratings says.Read More
AI in the Mortgage Market: For ‘Mundane’ Tasks July 12, 2023 James Dohnert Brett McCracken, a principal at Stratmor, believes the best uses for AI in the near term are ones that take monotonous tasks off the plates of real people.Read More
Short Takes: New Expanded-Credit MBS / Home Price Appreciation Slows / Underwriting Standards Static / Home Equity Startup July 11, 2023 Brandon Ivey An affiliate of Lone Star Funds is set to issue an expanded-credit MBS.Read More
VA Working to Improve Origination Tech June 22, 2023 Monica Hogan Currently, lenders log into a UI and enter data manually, which can lead to errors.Read More
Short Takes: Spring Homebuying Fizzles / Million-Plus Missed Refis / Housing Legislation Reintroduced / Reverse Stock Split June 22, 2023 Brandon Ivey High interest rates suppressed homebuying activity this spring.Read More
Spend More Money on IT, Approve More Loans? June 12, 2023 Dennis Hollier The new paper was penned by economists at Stanford University, the University of Florida and Boston College.Read More
Short Takes: Strong Economy Pushing Interest Rates Up / Potential Borrowers Waiting / Planet Home Expands Retail Footprint / Fractional Home-Equity Tokenization June 2, 2023 Brandon Ivey The market has priced in the likelihood of another Fed rate hike...Read More