Most Recent Underwriting 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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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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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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United Wholesale Mortgage adds 1% down payment loan

United Wholesale Mortgage adds 1% down payment loan

United Wholesale Mortgage is bringing back a conventional purchase mortgage in which the borrower only has to come up with...

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Castlelake LP, Invictus Capital Partners team up on non-QM

Castlelake LP, Invictus Capital Partners team up on non-QM

Castlelake LP has agreed to purchase a maximum of $2 billion in new non-agency mortgages from Invictus Capital Partners through...

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Corelogic renamed Cotality four years after going private

Corelogic renamed Cotality four years after going private

CoreLogic, a longtime data provider for the mortgage industry, has rebranded as Cotality to better reflect its role in serving...

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Townstone Financial agrees to settle redlining case

Townstone Financial agrees to settle redlining case

Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender...

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How to address the urgent insurance workforce gap with technology | Insurance Blog

How to address the urgent insurance workforce gap with technology | Insurance Blog

The insurance industry is experiencing a growing talent shortage. While this challenge has been anticipated, much of the discussion on...

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