Author Archives: Matt Carter

Mortgage lenders ask for more guidance on VantageScore 4.0

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FHFA Director Bill Pulte is reportedly “on thin ice” with several Trump administration officials over lack of communication on new Fannie and Freddie credit score policy. Continue reading →

Trump administration expands Fannie Mae title waiver program

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Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance. Continue reading →

Trump official: Fed chair to answer for ‘ostentatious’ renovations

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OMB Director Russell Vought put accusations that Fed Chair Jerome Powell lied to Congress about a $2.5 billion renovation of the Fed’s headquarters in writing Thursday. Continue reading →

Homebuyers rushed to lenders last week as mortgage rates dipped

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Rates are on the rebound again as investors weigh a strong June jobs report and the Trump administration’s threats to impose new tariffs in August. Continue reading →

New rules for Fannie, Freddie credit scoring are stumping lenders

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Mortgage giants allegedly weren’t informed in advance that they’d be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work. Continue reading →

Fannie, Freddie ordered to accept new VantageScore 4.0 credit score

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While questions remain about the new policy, FHFA Director Bill Pulte says lenders must still use “tri-merge” process to obtain scores from all three major credit bureaus. Continue reading →

These are the 31 markets where home prices have fallen the most

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Price softening continues to spread from the Sunbelt into the Western U.S. and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports. Continue reading →

Job loss fears, mortgage rates weigh on housing sentiment

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Fannie Mae survey echoes polls by the University of Michigan and the Conference Board that found uncertainty over tariffs is weighing on consumer confidence. Continue reading →

Downward trend in mortgage rates not enough to spur homebuyers

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Requests to refinance are up 40 percent from a year ago, but uncertainty “continues to hold homebuyers out of the market,” Mortage Bankers Association economist Joel Kan said Wednesday. Continue reading →

Yes, it’s a ‘big, beautiful bill’ — for the real estate industry at least

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Housing trade groups — including NAR, MBA and NAHB — like tax breaks for homebuyers and businesses, and urge lawmakers to put the bill on Trump’s desk Continue reading →