Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders that purchase VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model. Starting in 2026, TransUnion will offer VantageScore 4.0 for $4 per score and provide it at no cost to lenders that purchase a FICO score through the end […]
TransUnion cuts VantageScore 4.0 pricing for mortgage lenders Read More »
loanDepot wasn’t the first mortgage lender to accuse West Capital Lending (WCL) of engaging in unlawful business practices — allegations that have drawn renewed attention to the tensions between retail mortgage lenders and brokerages in California. The cases spotlight the transfer of leads and borrowers when loan officers move between companies, raising questions about the
Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads Read More »
The legal dispute over ownership and transparency of the NBA‘s Phoenix Suns has apparently come to an end as the parties have executed a stipulation of dismissal in the Delaware Court of Chancery, formally ending the lawsuit without a judge deciding the merits. The filing, submitted Friday, stipulates that both parties will cover their own
Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court Read More »
Big Sky Sotheby’s International Realty has added two Montana real estate professionals. Agents Ania Bulis and Ashley Quande bring with them a combined career sales volume exceeding $3.5 billion. According to year-to-date figures, the team ranks No. 1 in both units and volume across the Big Sky MLS and Big Sky Country MLS — as
Big Sky Sotheby’s International Realty adds top Montana agents Read More »
U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan. The previous record for senior-held home equity was $14.18 trillion
Senior homeowner wealth hits new record high of $14.4 trillion Read More »
For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wages simply haven’t kept up with the cost of living. That disconnect — according
The $79 trillion shift: How lost wages are fueling the housing crisis Read More »
Movement Mortgage said Friday that it has completed a three-year overhaul of its technology systems, culminating in the launch of its new loan origination system, MORE LOS. The rollout marks the final phase of Movement‘s initiative to modernize and merge the company’s core systems into a single platform — including data and infrastructure, cybersecurity, finance,
Movement Mortgage unveils new loan origination system Read More »
The 10-year yield closed below 4% for the first time this year on Thursday, sending mortgage rates closer to year-to-date lows after a credit market scare. But this begs the question: have mortgage rates already priced in a lot of the economic news? Bond traders on Friday were less fearful of the Zions Bank $50
How can mortgage rates get to 5.75% by the end of the year? Read More »
American Pacific Mortgage (APM) announced on Friday a leadership transition as longtime chairman and former president and CEO Bill Lowman prepares to retire later this month after more than two decades with the company. “Words cannot express how impactful Bill’s leadership, guidance, and commitment have been to this company for more than 20 years,” said
American Pacific Mortgage names new CEO Read More »
Key insight: Truist Financial reported third-quarter earnings Friday, with earnings per share that beat analysts’ estimates. Forward look: The regional bank expects full-year 2025 expenses to rise about 1% compared with the prior year. Supporting data: Wealth management fees rose 6.9% year over year. Truist Financial exceeded Wall Street expectations for third-quarter earnings, with a
Truist beats estimates, maintains 2025 guidance Read More »