Cotality and Ascend licensed to generate FICO scores for lenders

Fair Isaac’s Mortgage Direct License Program is aimed at eliminating mark-ups charged by credit reporting agencies Equifax, Experian and TransUnion — backers of competing VantageScore. Continue reading

Seasonal cooling sweeps market as buyers grapple with affordability

Zillow reports that, despite an unusually active fall market this year, the housing market has finally settled into a slower pace for winter and returned to seasonal norms. Continue reading

Mortgage demand dips as Fed signals cautious approach to rates

Homebuyer demand is still stronger than a year ago, but seasonal shifts have pushed the mix of business toward refinancing, which accounted for 59% of loan applications last week. Continue reading

UWM bets on mortgage servicing with $1.3B Two Harbors acquisition

The all-stock deal to acquire the parent of RoundPoint Mortgage Servicing would nearly double UWM’s servicing portfolio to nearly $400 billion, if it closes as expected in Q2 2026. Continue reading

Freddie Mac taps retired Deloitte consultant Kenny Smith as CEO

Smith’s expertise in financial services was cited as an asset as the Trump administration prepares to sell part of its ownership stake in Freddie Mac and Fannie Mae in a public offering. Continue reading

FHA will back loans up to $1.249M in high-cost markets next year

Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading

FHA will back loans up to $1.249M in high-cost markets next year

Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading

Rate cuts, podcasts, buyer’s agents: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Fed patches a potential chink in armor protecting its independence

A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading

DoJ whiffs in third attempt to indict Trump nemesis Letitia James

Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries. Continue reading