Industry news from Westcor Land Title Insurance Co., X1 Analytics, Mortgage Connect, Truv, Blue Sage, Down Payment Resource, FirstHome IQ, Arcasa, Informative Research, Halcyon, FICS and Wescom Resources.
Category: News and Trends
Advocacy Update: FHFA Publishes Credit Score Implementation FAQs
On Tuesday, FHFA Director Bill Pulte posted an FAQ document with much-needed information on last week’s announcement that Fannie Mae and Freddie Mac will begin to accept loans originated using VantageScore 4.0.
MBA Applauds Crucial Senate Passage of VA Partial Claims Bill
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the Senate’s passage of the VA Home Loan Program Reform Act (H.R. 1815) by unanimous consent.
Autoagent’s Steven Pals: How Servicers Can Maintain Controls Amid CFPB Cutbacks
Steven Pals of Autoagent discusses what servicers should be thinking about in the current regulatory environment.
Former MBA Chair Debra W. Still Announces Retirement From Pulte Financial Services
PulteGroup, Atlanta, announced that Debra W. Still, CMB, Vice Chair of Pulte Financial Services, will retire at the end of the year.
MBA Breaking Advocacy Update: FHFA Publishes Credit Score Implementation FAQs
Yesterday afternoon, Federal Housing Finance Agency Director Bill Pulte posted on X a two-page Frequently Asked Questions document that provides much-needed information on last week’s announcement that Fannie Mae and Freddie Mac will begin to accept loans originated using VantageScore 4.0.
RealPage: Apartment Market Resilient
RealPage, Richardson, Texas, released its analysis of the apartment market in the second quarter, finding that the U.S. absorbed more than 227,000 units in the period.
MISMO Publishes Artificial Intelligence Glossary
MISMO®, the real estate finance industry’s standards organization, published its Artificial Intelligence (AI) Glossary.
NIC: More Older Americans Move Into Senior Housing
The National Investment Center for Seniors Housing & Care, Annapolis, Md., found the senior housing occupancy rate increased from 87.3% in Q1 to 88.1% in Q2.
Quote of the Day
“MBA applauds the Senate for taking swift bipartisan action to support veterans at risk of foreclosure by passing the VA Home Loan Program Reform Act.”
–MBA President and CEO Bob Broeksmit, CMB, on Senate passage of the VA Home Loan Program Reform Act (H.R. 1815) by unanimous consent