Most Recent Industry News News

FICO predicted to hike costs for mortgage credit scores by up to 50%

FICO predicted to hike costs for mortgage credit scores by up to 50%

Fair Isaac Corp. (FICO) will once again raise the cost of credit scores, several investment firm reports predict. Recent notes...

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New York Community to rebrand corporate identity

New York Community to rebrand corporate identity

A year of upheaval for New York Community Bank is culminating with a corporate name change, as it fully takes...

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Banks confront Helene’s devastation: ‘Worse than it appears on television’

Banks confront Helene’s devastation: ‘Worse than it appears on television’

A destroyed building near Mill Creek in the aftermath of Hurricane Helene on Monday in Old Fort, North Carolina.Melissa Sue...

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Mr. Cooper fallout, new regulations: Top mortgage news of August 2024

Mr. Cooper fallout, new regulations: Top mortgage news of August 2024

Homeowners insurance is labeled as one of the hidden costs for property owners, and their escalating prices could have an impact on the...

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UWM-backed study compares wholesale and retail origination savings

UWM-backed study compares wholesale and retail origination savings

United Wholesale Mortgage has shared a study of public data backing its “brokers are better” mantra, sharing some math describing...

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Scotiabank adds JPMorgan exec in warehouse lending expansion

Scotiabank adds JPMorgan exec in warehouse lending expansion

Canada’s Bank of Nova Scotia is set to grow its presence in U.S. mortgage warehouse lending, as it brings on...

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ICE’s Encompass down following CrowdStrike incident

ICE’s Encompass down following CrowdStrike incident

ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of...

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National Mortgage News quiz: July 8 2024

National Mortgage News quiz: July 8 2024

Enjoy complimentary access to top ideas and insights — selected by our editors. Consider yourself a scholar of the latest...

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Treasuries snap losing streak amid signs U.S. economy is slowing

Treasuries snap losing streak amid signs U.S. economy is slowing

Pedestrians walk on a temporary ramp at the Lincoln Memorial during renovations in Washington, DC, US, on Friday, May 31,...

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