Newrez said that the securitized loans were part of a loan delivery limited engagement by Freddie, which helped validate the operational readiness for VantageScore 4.0.
Representatives in Congress called on leadership to remove a provision in the Senate-passed 21st Century ROAD to Housing Act that mandates investors sell single-family build-to-rent housing.
With interest rates elevated, lenders are urged to highlight the wealth creation potential of homeownership to encourage renters to take the plunge and purchase a home.
More than half of survey respondents held at least one misconception about VA home loans, including about 30% that weren't aware that the loans require no downpayment.
loanDepot will launch a new white-label home equity line of credit product powered by Figure that can provide homeowners an equity payout in as little as five days.