HUD publishes several changes to reverse mortgage handbook section

The U.S. Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1, which...

More listings see a price cut: Will home prices drop?

Price reductions Let’s start today with the price reductions data. This is the percent of the homes on the market that have taken a...

HUD to double servicer fee on assumable mortgages

The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to Ginnie Mae’s digital collateral program and an...

Chopra: Credit reporting industry’s fee hikes “raise big questions”

Chopra spent his roughly 15-minute speech detailing the various price increases the credit reporting industry — from Experian, Equifax, Transunion and FICO —...

PennyMac announces proposed private offering of $650M in senior notes

California-based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million aggregate principal amount of...

Chopra says he is ‘open to’ reviewing the LO comp rule

“As a general matter, we are taking a look at all the old rules, even the ones that were just a decade ago,...

RentSpree announces new MLS partnerships 

Rental software provider RentSpree announced on Monday a new partnership with UtahRealEstate.com (URE), a multiple listing service (MLS) serving approximately 20,000 real estate professionals...

Polly integrates with nCino’s Mortgage Suite

Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process...

Proof welcomes Pennsylvania notaries into its Notarize Network

Proof, the remote online notarization (RON) platform formerly known as Notarize, has welcomed Pennsylvania notaries into its Notarize Network, the company announced earlier...

New listings data falls for third week in a row 

Weekly housing inventory data For the third consecutive week, we haven’t quite reached my weekly target of inventory growth between 11,000 and 17,000 homes....