A new Milliman study finds that FICO 10T is more predictive of default risk across the full range of credit scores. VantageScore said the study is full of “statistical swindles.”

Some economists suggest Fannie and Freddie should accept mortgages that include a modest prepayment penalty as a way to keep residential mortgage rates lower. But that would be a political challenge.

The Chicago-based fintech said its new title insurance waiver program could accelerate the mortgage process and potentially save qualified refinance borrowers as much as $2,500 in closing costs.

The GSE said loans originated by lenders using Freddie’s tools are $1,700 less costly than those originated by lenders who don’t.

Freddie’s Optigo network, a select group of approved seller/servicers, will remain the primary servicers on multifamily loans, while the GSE will provide master servicing.

Milliman researchers calculate that the capital benefit Fannie Mae and Freddie Mac receive for their CRT activity reduces their capital requirement by about 20%.

First RPL sale of the year; goodbye Barney Frank; AMI changes for 2026.

A senior executive at the mortgage giant provides a rare glimpse into the how the new credit score impacts lender operations.

The voluntary scope aims to standardize practices among due diligence reviewers and also prevent a “race to the bottom.”

A Federal Reserve economist estimates that a one-percentage-point steepening of the yield curve reduces the spread between mortgages and the 10-year Treasury yield by 40 basis points.