HousingWire

Lender will obtain both FICO and VantageScore on every credit pull

Move comes as Rocket’s servicing book tops $2 trillion and 9.1 million loans

ICE and Optimal Blue data point to a manageable wave of ARM adjustments

HousingWire Data shows the 30-year conforming average at 7.63%, up 31 bps in two weeks, while FHA rates rose 59 bps

Programs should be evaluated on cost per close, not just salary and dialer fees

Digital lender says its rates run about 50 bps below the national average

Better expects pro forma cash to rise to about $140 million if the transaction closes, based on Sept. 30 balances

Sumitomo, Sekisui, and Daiwa cite leverage targets, weaker U.S. profit outlooks, and a soft yen as constraints

California approved factory-built housing measures as modular leaders cite state and local rules as the main near-term driver

Wholesale non-QM lender now offers DSCR in 19 states

Perks include eligible EPO fee protection, same-day conditional approvals and Padlock days converted to pricing credits

Platform combines pricing and eligibility, Polly Hedge and a relaunched Loan Trading Exchange

Monroe will build relationships across HousingWire, KCM, Altos Research and RealTrends Verified with brokerages, associations and networks

SERHANT.'s also recently expanded into Massachusetts, Texas, California and Colorado

The firm says it has processed 1 million transactions and $4 billion in volume since 2019

The MLS asks a New York federal judge to declare its policies procompetitive and antitrust compliant

The Fed lifted the target range by 25 bps to 3.75%–4%, but mortgage rates track long-term yields, not the Fed funds rate

The new appraisal standard is more than a form update: Five actions can help lenders protect pipeline continuity and capture the benefits of better-structured collateral data

The Federal Home Loan Banks’ Mortgage Partnership Finance® Program helps community lenders expand homeownership through liquidity, collaboration and targeted financing solutions

A majority of shareholders backed the removal of five directors, including interim CEO Daniel Lewis, with Better finalizing his successor