Opinion: Agencies are key to fixing housing affordability

It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big-ticket legislative initiatives to boost homeownership — like a first-time homebuyer tax credit and the Neighborhood Invest
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In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to partners in case they are sued and once again accused Rocket Mortg
Read More FHFA appoints artificial intelligence czar

The Federal Housing Finance Agency (FHFA) announced this week that it has appointed Tracy Stephan to serve as its chief artificial intelligence officer (CAIO), adding the position to her existing duties leading the agency’s Office of Financial Technology.Stephan is described as a 25-year veteran in
Read MoreInsurance companies rely on aerial images to ditch risky properties

Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always able to challenge images that could be out of date or inaccurate. The increased use of aeria
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