FHFA clarifies key VantageScore 4.0 implementation questions

Mortgage industry professionals had more questions than answers following last week’s bombshell announcement that the government-sponsored enterprises Fannie Mae and Freddie Mac have approved the use of VantageScore 4.0, a new credit scoring model.A week after the initial announcement, Federal Housi
Read MoreHousing inventory growth: Good for buyers, bad for builders
Housing inventory growth has been a blessing for the existing home sales market, cooling price growth and giving homebuyers a bit more advantage in 2025. However, as we all know, the inventory growth has been detrimental to the homebuilders this year. On Monday, Mark Zandi, chief economist at Moody’
Read MoreNAF reports data breach in California

New American Funding (NAF), a top-25 U.S. mortgage lender, notified the California attorney general last week of a data breach involving one of its vendors, which potentially compromises customers’ personal information. NAF on June 6 discovered “suspicious activity associated with information provid
Read More8 ways to expand your sphere of influence in real estate in 2025

Building a successful real estate business depends on cultivating strong relationships. Real estate agents will often rely on their network or sphere of influence (SOI) to land their next deal. It’s one of the most valuable tools in an agent’s toolkit, and for good reason. Your sphere is made up of
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