TransUnion cuts VantageScore 4.0 pricing for mortgage lenders

By: ameer@trustedteam.com

Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.

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Tech Pulse: Are MLS policies built for the ChatGPT era?

By: ameer@trustedteam.com

Discover how ChatGPT, smart search and innovative lending tools are revolutionizing the industry in our Tech Pulse roundup.

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Moody’s reassures markets: No sign of systemic risk from bad loans

By: ameer@trustedteam.com

Moody’s downplayed contagion fears after regional bank sell-off, citing strong asset quality and resilience

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Here’s what Mamdani, Cuomo said about housing in Thursday’s pivotal mayoral race debate

By: ameer@trustedteam.com

Housing, affordability, and political futures collide as NYC’s mayoral hopefuls clash on stage

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Flagstar’s shareholders approve plan to dissolve holding company

By: ameer@trustedteam.com

Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a...

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Navigating misinformation: How mortgage brokers educate new homebuyers

By: ameer@trustedteam.com

From low education standards to cities on fire, the non-stop battle for brokers to correct misconceptions with buyers

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As UWM, Rocket build momentum, analyst wonders ‘what about everybody else?’

By: ameer@trustedteam.com

Smaller lenders will have to build relationships to compete against well-oiled machines

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Strong Demand for First RTL Securitization From Archwest

By: ameer@trustedteam.com

The $274.5 million issuance of residential transition loans was oversubscribed nearly five times.

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Figure Launches Platform for DSCR Mortgages

By: ameer@trustedteam.com

The platform facilitates originations and sales of debt service coverage ratio mortgages.

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Angel Oak Seeing Strong Demand for ARMs

By: ameer@trustedteam.com

Angel Oak Mortgage Solutions launched new adjustable-rate mortgage products last week.

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