Fannie Mae is giving mortgage lenders more flexibility in how they verify a borrower’s employment, removing prescribed verbal-verification methods while keeping the underlying requirement that qualifying employment be confirmed. The change is part of Announcement...
The Department of Housing and Urban Development has unveiled a new manufactured-housing action plan aimed at modernizing the federal construction code and opening the door to new factory-built designs. The Next Generation Manufactured Housing Action Plan, announced...
Clear Capital is adding image-derived property condition and quality information directly to its ClearAVM automated valuation model, an effort to address one of the longstanding limitations of property valuation models that rely primarily on structured data. According...
WFG National Title Insurance Company has expanded its DecisionPoint platform to produce automated title commitments for qualifying refinance transactions, another step in the title industry’s push to remove manual work from mortgage closing. The company said in its...
Property-tax delinquency among U.S. homeowners who pay taxes outside escrow has climbed to its highest level since 2017, adding another warning sign to a housing market already strained by elevated borrowing costs and rising ownership expenses. According to Cotality’s...
Baltimore Sues Yardi, RentCafe and Pennrose Over Alleged Hidden Rent-Paymen…
