Homeownership affordability has deteriorated to its weakest level in more than two decades, and Federal Reserve Gov. Michael Barr says the problem extends well beyond mortgage rates.In a speech on housing affordability Wednesday, Barr cited the Federal Reserve Bank of...
A proposed accounting change could end a long-running split in how mortgage companies value one of the most important assets on a servicer’s balance sheet.The Financial Accounting Standards Board is proposing that the value of “recapture” be included when companies...
Experian is expanding the payroll data available through its income and employment verification network with a new Workday integration that could reduce the amount of manual documentation needed in mortgage underwriting and other financial decisions.Experian announced...
AppFolio is moving banking infrastructure closer to the day-to-day work of property managers through an exclusive partnership with Column N.A. AppFolio announced Thursday that Column, a nationally chartered bank and FDIC member, will become the featured banking...
Fannie Mae is rolling out another round of Desktop Underwriter enhancements Friday, giving mortgage lenders new tools intended to identify potential loan issues earlier in the underwriting process and reduce avoidable delays. The Sept. 25 update is the latest in a...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
