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VantageScore 4.0 is coming. But much work needs to be done

In the days following the announcement that VantageScore 4.0 was suddenly in play for conventional mortgages, FinLocker‘s Brian Vieaux had to burst some bubbles. Most of the 15 to 20 loan officers he spoke to were ecstatic about being able to use the new credit scoring model. Millions of new prospective borrowers could be scored with VantageScore, they said. That’s opportunity in a down...

Measurabl Launches Free Sustainability Software Solution, Onboards 1 Billion Square Feet of Real Estate Within Weeks

Measurabl, the world's most widely adopted sustainability data platform for real estate, today announced initial results from the launch of its new free software solution. While advanced features remain available through Measurabl's suite of premium products, the free solution provides access to powerful tools that enable real estate stakeholders to measure, manage, and report on property and portfolio...

Rising Taxes, Insurance Costs Undermine the Stability of U.S. Homeownership

For generations, homeownership in the U.S. was seen as a cornerstone of financial security -- a hedge against rising rents and a way to lock in a fixed monthly payment. That promise is eroding. Across the country, a growing number of homeowners are falling behind on their mortgages -- not due to subprime lending or unsustainable purchases, but because of ballooning property taxes and insurance premiums....

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 Housing Finance Agency (FHFA) Director Bill Pulte answered several key questions. In an FAQ letter...

KW’s Jay Papasan sheds light on rookie agent mistakes

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with Jay Papasan — an executive at Keller Williams and co-author of “The Millionaire Real Estate Agent” — to discuss what it takes for new agents to succeed in today’s competitive market. Papasan shares insights from his upcoming book, “The Rookie Real Estate Agent,” and emphasizes that success starts with...

Longbridge COO Bill Packer on how technology is influencing workflows

Editor in Chief Sarah Wheeler sat down with Bill Packer, chief operating officer at Longbridge Financial, to talk about the ways his company is using AI to serve reverse mortgage borrowers. Packer has worked in the consumer lending space for four decades, with deep expertise in technology and operations. This interview has been edited for length and clarity. Sarah Wheeler: Technology used to be...

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