Better's board is concerned that removing directors could give former CEO Vishal Garg outsized influence.

The agency is working on a project to track issuers’ final certifications as the latest stage of its loan-level transformation initiative.

Through a new platform, mLOOP, loan officers can discreetly connect with potential employers.

Executives at the credit reporting agencies and scoring companies said the deployment of FICO 10T and VantageScore 4.0 scores will have cascading effects on the primary and secondary mortgage markets.

The Trump administration is running short on time to get more regulatory changes through the pipeline, according to panelists at the Mortgage Industry Standards Maintenance Organization’s fall summit.

The initial phase of the project should wrap up within the next six months.

Tech platform mLOOP is aiming to discreetly connect originators with lenders.

Among the milestones that the effort is on track to meet: development of technology systems to accommodate the transition.

A recent opinion piece in the Wall Street Journal suggested that nonbanks have loosened FHA underwriting standards, bringing about a wave of defaults.