Berkadia has secured $15 million in Low-Income Housing Tax Credit equity for a 60-unit affordable senior housing development in Cranbury, New Jersey. The financing will support Cedar Brook Crossing, a four-story community being developed by Walters Cornerstone...
United Wholesale Mortgage will now obtain both FICO and VantageScore 4.0 on every credit pull and automatically use the strongest qualifying score for the borrower, moving beyond simply giving brokers access to both models. The Pontiac, Michigan-based wholesale lender...
Rocket Pro launched a new broker rewards program Tuesday that ties benefits to both production and loan performance, while extending its Compass pricing credit through the end of 2026 at 20 basis points. The program, called Orbit, is live nationwide for Rocket Pro...
Sen. Elizabeth Warren is pressing Federal Housing Finance Agency Director Bill Pulte to cooperate with a Government Accountability Office investigation into his mortgage-fraud referrals, saying she understands the agency is not complying with the congressional...
Artificial intelligence may change how mortgage and title insurers operate without threatening their business models in the near term, according to a new Fitch Ratings stress test that puts both sectors among the less vulnerable corners of financial services. Fitch...
Compass Faces Shareholder Lawsuit Over Anywhere Merger Disclosures
