Tech Pulse: AI advances, big earnings and policy shifts

By: ameer@trustedteam.com

ICE and Real post record Q3s, PartnerOne acquires Mortgage Cadence, and AI reshapes real estate tools, staging and underwriting.

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Foundation Finance readies a $441.1 million ABS from home improvement loans

By: ameer@trustedteam.com

FFIN 2025-3’s average loan balance, $16,366 was lower compared with the 2025-2 deal, when it was $19,993, and the WA interest rate on the current deal is 12.15%, down...

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FHA Foreclosure, Application Stats Weaken

By: ameer@trustedteam.com

FHA foreclosures are on the rise, accounting for 38% of all active foreclosures in September.

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MBA, NRMLA Push Google to Allow Age-Targeted HECM Ads

By: ameer@trustedteam.com

The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association requested that Google modify its rules to permit advertising FHA home equity conversion mortgages to seniors.

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USDA Lender Offering Free Lock Extensions During Shutdown

By: ameer@trustedteam.com

Click n’ Close is offering free rate lock extensions as the government shutdown puts the USDA home loan program on hold.

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Pennymac to Recognize Disabled Veteran Tax Exemption

By: ameer@trustedteam.com

Pennymac is allowing disabled veterans to use their anticipated property tax exemption for loan qualification purposes in certain states.

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Multifamily FHA Borrowers in Limbo

By: ameer@trustedteam.com

Developers planning to apply for FHA financing for multifamily units have to wait until Congress reaches an agreement to fund the government, prompting an application backlog.

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FHA, Ginnie Nominees Hedge in Senate Testimonies

By: ameer@trustedteam.com

FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee this week, relying on stock language or otherwise sidestepping in their responses.

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Ginnie Removals Up in 3Q; FHA Delinquent Loans Lead

By: ameer@trustedteam.com

Borrower payoffs continued to make up the bulk of removals from Ginnie MBS. But the increase in third-quarter volume was led by FHA loan removals for delinquencies and foreclosures....

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Why mortgage rates could keep falling, even if Fed pauses in December

By: ameer@trustedteam.com

What one industry veteran believes will drive mortgage rates through the end of the year

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