Tag Archives: matt carter

ICYMI, all the latest on Trump, the Fed, mortgage rates and more

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Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt. Continue reading →

Homebuyers are out in force and mortgage rates are coming down

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With 7.24 million Americans out of work in July and payroll growth slowing, the Fed is expected to pivot from fighting inflation to preserving jobs. Continue reading →

Small lenders oppose combining Fannie, Freddie into single entity

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Fannie Mae and Freddie Mac should continue to operate as separate companies rather than merged into a single entity, and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans. That’s the perspective of a… Continue reading →

Let mortgage lenders pull one credit score, trade group says

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The tri-merge system is “an anachronism from the days when there were significant disparities in coverage by the credit bureaus,” MBA says in advocating new approach. Continue reading →

Could your lender co-marketing violate RESPA? The Download

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Learn more about a North Carolina “pay-for-play” scheme, and get new ideas for optimizing your marketing while providing clients with the finance-related guidance they need. Continue reading →

Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%

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NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada “that will provide a fair and equitable solution to all parties and eliminate tariffs altogether.” Continue reading →

‘Meme stock’ surge lifts Opendoor out of delisting danger zone

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While shares in rival iBuyer Offerpad also went on a rollercoaster ride in July, the company’s market capitalization remains below the New York Stock Exchange’s $50 million minimum requirement. Continue reading →

RealPage acquires Rexera to serve condo lenders and title agents

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A 2024 Inman AI Award winner, Rexera offers customizable AI agents that automate workflows on condo sales by obtaining HOA documents and public records, extracting data and flagging potential issues. Continue reading →

Fannie Mae and Freddie Mac are not accepting VantageScore 4.0

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Once selling guides are updated, lenders will have the option of using either VantageScore 4.0 or the Classic FICO scoring model, but FICO Score 10 T remains in limbo, FHFA says. Continue reading →

Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck

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By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the median priced home in half, from $40,000 to $20,000. Continue reading →