How fraud gets stopped in its tracks by real estate and title pros

Real estate fraud has evolved rapidly, and professionals across the industry already recognize that today’s schemes are more complex and convincing than ever. What has changed most is the scale — driven by artificial intelligence (AI) that can generate realistic emails, cloned voices and even live d
Read MoreFSBO.com launches loan officer portal for consumer-directed listings

FSBO.com on Wednesday announced the launch of a new loan officer portal designed to integrate mortgage professionals earlier into the for-sale-by-owner (FSBO) home selling process, as the company looks to create a more structured and collaborative transaction model. The platform allows loan officers
Read MoreMortgage industry welcomes new credit score models, urges further reform

The majority of mortgage industry trade groups and professionals reacted in a supportive but pragmatic way following an announcement from federal housing agencies that detailed moves to modernize mortgage underwriting by introducing newer credit scoring models. They largely welcomed the shift while
Read MoreFHFA, HUD move to bring new credit score models into mortgages

Federal agencies on Wednesday took steps to bring newer credit scoring models into the mortgage underwriting process, marking a significant shift in how borrower risk is evaluated. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the adoption of FICO 10T and Va
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