Mortgage insurers face larger safety net rule for VantageScore 4.0
Mortgage insurers will be required to keep a larger safety net for mortgages originated using VantageScore 4.0 than for comparable loans using Classic FICO, according to new guidance from the government-sponsored enterprises (GSEs). In late July, Fannie Mae and Freddie Mac published a new grid for t
Lenders urged to solve business problems before adopting AI
Mortgage lenders that adopt artificial intelligence should focus first on the business problems they’re trying to solve rather than chasing the latest technology, according to panelists who spoke Tuesday at HousingWire’s AI Summit. Amanda Tucker, chief risk and compliance officer at Atlantic Bay Mor
‘Sounds like competition to me’: Sizing up Google’s real estate play at the AI Summit
The traditional path to homeownership — from portal search to real estate agent to loan officer — is being rapidly rewired by artificial intelligence (AI), and the industry’s biggest players want to be first through the new front door. That was the central theme of a packed session Tuesday at Housin
After the Beazer agreement, can Dream Finders reach top 5?
Now that Dream Finders and Beazer have reached an agreement, Dream Finders can now look further ahead. Soon after the closing, Dream Finders will find itself nearing a position as one of the five largest builders. Also, it will have restructured Beazer’s land holdings, utilizing Dream Finders’ asset
