Next Mortgage Cycle Winners Will Rethink Mortgage Operations

The Federal Housing Finance Agency is planning to direct Fannie Mae and Freddie Mac within weeks to require lenders to pull credit data from two major credit reporting bureaus instead of three, according to a person familiar with the plans.  Processing Content The new requirement could be announced by FHFA Director Bill Pulte as soon…

Beginning in April 2025, silver began a rapid ascent, nearly quadrupling in price from about $29 per ounce to a peak of more than $115 per ounce in January of this year. The price increase was driven by the growing demand for silver to serve the massive AI data center build-out. Those cloud facilities use…

Ali sees Heartwood well positioned to help brokers and borrowers manage that shift, with the company’s status as a non-B20 lender giving it the ability to work in the B and B-minus mortgage spaces as well as the mortgage investment corporation (MIC) sector when it comes to underwriting philosophies. “We want to be able to…

Dutch 'reformed hacker' arrested in ShinyHunters investigation, police and ex-boss say

It’s always interesting to watch Empower’s acquisitions and strategies that do not follow the norm. Contrary to CEO Ed Murphy’s pronouncement last year that they were on the hunt for a national RIA firm, their latest move to acquire Milliman’s defined contribution, defined benefit, and health and welfare administration signals an interest in benefits, which,…