Most Recent Underwriting News

HUD trims FHA red tape; groups want MIP cut next

HUD trims FHA red tape; groups want MIP cut next

The Department of Housing and Urban Development has announced 14 changes to the Federal Housing Administration program, claiming eliminating these...

  • 70
Mortgage tech roundup: New tools for lenders and brokers

Mortgage tech roundup: New tools for lenders and brokers

In the heat of the homebuying season, multiple companies in the mortgage industry are rolling out new products to stand...

  • 108
HELOC players expand correspondent, TPO offerings

HELOC players expand correspondent, TPO offerings

Three mortgage companies are expanding their third-party origination footprints in different ways. Processing Content Achieve is starting a correspondent channel...

  • 160
MBA renews press for limited single report as scores compete

MBA renews press for limited single report as scores compete

Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers...

  • 121
Better, Coinbase allows tokens to support conforming loan

Better, Coinbase allows tokens to support conforming loan

Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming...

  • 136
NAMB outlines 4-part housing affordability fix

NAMB outlines 4-part housing affordability fix

An integrated solution involving four key areas needs to come to fruition in order to solve the affordable housing crisis,...

  • 172
Rate-and-term refinances boost slight jump in lock activity

Rate-and-term refinances boost slight jump in lock activity

Mortgage rate-lock activity ended the year on a strong note in spite of seasonal trends, new industry data found. Processing...

  • 206
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...

  • 212
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...

  • 314
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...

  • 385