Nearly $297 million in non-performing Fannie loans have hit the auction block so far in July. That includes an $8.1 million community impact pool.
Read MoreThe GSEs’ automated underwriting systems now include income calculators, appraisal waivers and tools to assess the rental payment history of borrowers.
Read MoreJust one week after VantageScore 4.0 credit score was allowed for underwriting GSE-eligible loans, competitor FICO released data appearing to show that FICO 10 T has superior predictive capabilities.
Read MoreAlthough total GSE servicing remained almost unchanged as of the end of the second quarter, some large servicers — mostly nonbanks — experienced disproportionate year-over-year gains in volume. (Includes...
Read MoreRecent data has highlighted strong growth in home sales following the two rate cuts from the Reserve Bank, igniting some much-needed optimism in the market.
Read MoreBrokers are anticipating continued growth in all areas of commercial finance lending, highlighting growth plans for Aussie businesses.
Read MoreIn a highly digitised world that pushes human connection aside, the broking industry is being impacted by an erosion of trust.
Read MoreBrokers and buyers can score big by looking beyond the usual neighbourhoods
Read MoreAnyone running a self-managed superannuation fund (SMSF) must ensure the fund is audited once a year by a registered auditor.
Read MoreHome lenders are still lying low after July’s shock cash rate hold with very little movement in the mortgage market this week.
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