Most Recent Originations News

Rocket adds debt service coverage ratio investor mortgages

Rocket adds debt service coverage ratio investor mortgages

Rocket Mortgage has come out with a debt service coverage ratio product in both its wholesale and retail channels, joining...

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A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage on a median-priced US home could reduce borrower’s monthly repayment, but also double the amount of interest...

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TransUnion follows Experian, Equifax with VantageScore incentive

TransUnion follows Experian, Equifax with VantageScore incentive

TransUnion is the latest company to make a move in the credit score war between VantageScore and Fair Isaac Corp.’s...

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Experian responds to FICO, offers VantageScore 4.0 for free

Experian responds to FICO, offers VantageScore 4.0 for free

Amidst a credit score war, Experian has thrown the latest punch. The data and technology company will now offer VantageScore...

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Mortgage applications increased for the third straight week

Mortgage applications increased for the third straight week

Application gains slowed to a crawl last week after soaring earlier as fixed rates that dominate the market experienced a...

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Redfin: Black homeownership rate slips to 43.9%

Redfin: Black homeownership rate slips to 43.9%

Black homeowners, who already face long-term disadvantages in the housing market, are losing more ground.  The Black homeownership rate fell...

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FHA is also adopting the UAD 3.6 appraisal format

FHA is also adopting the UAD 3.6 appraisal format

The Federal Housing Administration, which receives the largest share of mortgage applications among the government guarantors, is adopting the UAD...

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ICE Mortgage Technology pushes SDK sunset to end of 2026

ICE Mortgage Technology pushes SDK sunset to end of 2026

ICE Mortgage Technology is putting off the planned sunset of the Encompass SDK system, according to a memo provided by...

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Douglas Elliman adds mortgage unit to real estate sales

Douglas Elliman adds mortgage unit to real estate sales

Douglas Elliman, the nation’s sixth-largest real estate brokerage, is the latest firm to unite home sales and financing under one...

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Panorama Mortgage adds new TPO brand Travisa Financial

Panorama Mortgage adds new TPO brand Travisa Financial

Panorama Mortgage Group, parent company of several lenders focused on affordable homeownership, announced the launch of a new mission-driven wholesale...

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