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Home price modeling changes hurt FOA's third-quarter interim results but it was in the black between January and September on a continuing operations basis.
November 4
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The head of the government-sponsored enterprises' oversight agency also asked existing investors to review risk factors as officials eye a new public offering.
October 15
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Equifax will hold costs for scores from FICO rival Vantagescore through 2027 and offer other incentives meant to drive adoption of the alternative metric.
October 8
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The credit scoring agency's rollout comes after years of criticism from home lenders over its prices, with delivery costs rising over 40% in the past year.
October 2
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Bill Pulte and the government-sponsored enterprise's chief executive will be working with a firm that analyzes big data and utilizes artificial intelligence.
May 28
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COO Joseph Gormley weighed in on cuts at the securitization guarantor and efforts to improve the industry's efficiencies and the government's.
May 19
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Wholesale firm Ardri's acquisition of The Lending Spot comes after the company installed a mortgage industry veteran as its new president earlier this year.
April 8
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The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.
November 12
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As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.
October 28
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Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.
July 30
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The final rule governing the use of automated valuation models for home assessments is substantially similar to the initial proposal made last June.
July 17
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A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.
July 15
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The proposed class action suit claims the fintech lender purposefully pushed customers applying for HELOC loans into higher rates, or misrepresented rates at the beginning.
June 11
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Though home mortgage issuance has slumped in line with originations, new potential bank capital rules and increased consumer debt consolidation could boost activity for these two subsets in the secondary market.
October 23
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The customers were affected by an incident involving a Progress Software program used by Sovos Compliance.
August 31
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The new technology expands the capabilities of automation used to obtain digital transcript information from self-employed borrowers.
August 7
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Fourth Capital Bank's collaboration with the megalender is made possible through a partnership with Q2 Holdings.
February 1
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New York-based broker platform Prevu currently offers buying and selling services in the Northeast, Texas and the West Coast.
October 27
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The automation provider, which could merge with ICE Mortgage next year, is updating secondary market tools sorely needed in a volatile market.
October 19
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The development, touted as an industry-first, is the latest move by the government-sponsored enterprises to expand housing opportunities for first-time and underserved homebuyers.
October 18
