FICO predicted to hike costs for mortgage credit scores by up to 50%
Oct 21, 2024Fair Isaac Corp. (FICO) will once again raise the cost of credit scores, several investment firm reports predict. Recent notes...
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Most Recent Mortgage News
Mortgage
MortgagX is Redefining Brokering for a Smarter, Digital Future – Mortgage Strategy
Oct 20, 2024 In this interview with Ifthikar Mohamed , we explore how MortgagX is revolutionising the mortgage industry through advanced AI-driven...
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Mortgage
Is Home Equity Lending Really That Crazy Today?
Oct 19, 2024I came across a report from CoreLogic the other day that said home equity loan lending increased to its highest...
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Mortgage
Commercial real estate turbulence not easing yet – exec
Oct 18, 2024A soft landing for the economy looks increasingly likely – and while that’s good for consumers, it’s not such a...
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Mortgage
New York Community to rebrand corporate identity
Oct 17, 2024A year of upheaval for New York Community Bank is culminating with a corporate name change, as it fully takes...
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Mortgage
Wage growth eases to two-year low, fuels rate cut hopes – Mortgage Strategy
Oct 16, 2024Wage growth has eased to its slowest pace in two years, fuelling expectations that the Bank of England will cut...
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Mortgage
A Temporary Buydown Could Make Sense While Mortgage Rates Continue to Fall
Oct 15, 2024Last week, I argued that mortgage rates remain in a downward trend, despite some pullback lately. The 30-year fixed had...
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Mortgage
Mortgage market poised for growth as buyer sentiment improves
Oct 14, 2024Michelle Dugan (pictured top), owner at MS Lending in Mississippi, told Mortgage Professional America that rate drops in recent weeks...
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Mortgage
Wells Fargo nearing ‘trough’ in deposit costs after Fed rate cut
Oct 13, 2024UPDATE: This article includes new comments from Wells Fargo’s earnings call and analyst commentary on the bank’s results. The deposit...
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Mortgage
Halifax, Keystone become latest lenders to pull products – Mortgage Strategy
Oct 12, 2024Halifax has become the latest lender to pull products, while lowering selected deals from 14 October. Keystone Property Finance will...
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