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FICO bypasses credit bureaus with new program for mortgage lenders

Fair Isaac Corp. (FICO) has launched a program allowing tri-merge resellers to calculate and distribute its scores directly to mortgage companies, effectively bypassing the three nationwide credit bureaus: Equifax, TransUnion and Experian. The move comes amid intensified competition with VantageScore, owned by the three bureaus, following the Federal Housing Finance Agency’s (FHFA) decision to let...

CrossCountry seeks dismissal in kickback suit

CrossCountry Mortgage has asked a federal judge to dismiss a lawsuit alleging the lender engaged in an illegal kickback arrangement with a Raleigh real estate firm. Homebuyer Jeremiah VonBlohn, who filed suit at the end of July, claims his agent at Raleigh Realty directed him to CrossCountry in 2022 under a co-marketing agreement that gave the lender prominent placement on the firm’s website....

Title insurance premiums rise to $4.5B in Q2

Title insurers generated $4.5 billion in premiums during the second quarter of 2025, up from $4.1 billion a year earlier, according to the American Land Title Association’s (ALTA) latest Market Share Analysis. “The title insurance industry continues to demonstrate resilience and reliability, even as the broader real estate market faces headwinds,” said ALTA CEO Chris Morton. “These results...

Home Price Growth Stalls as U.S. Housing Market Shows First Signs of Cooling in 2025

After a strong start to the year, the U.S. housing market hit a patch of weakness in July, with home-price growth slowing to its lowest level in 2025 and signaling that a broader cooling trend may be underway. The S&P Cotality Case-Shiller National Home Price Index rose 1.7% year-over-year in July, down from a 4.1% pace in January. On a month-to-month basis, the non-seasonally adjusted index slipped...

CFPB ends multiple lender consent orders, opens few new cases

Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases. On Sept. 18, the Bureau terminated consent orders against Washington Federal Bank, Planet Home Lending, Apple Inc. and U.S. Bank National Association. The cases spanned mortgage rules, credit cards and bank accounts....

FinCEN delays implementation of anti-money laundering rule

Title insurance firms gearing up for the implementation of the Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule can slow their efforts. On Tuesday, FinCEN announced that it was postponing the implementation of the policy from Dec. 1, 2025, to March 1, 2026. The rule requires title firms to report specific details on all-cash...

Record senior home equity is fueling demand for new solutions for older American homeowners

Older American homeowners hold substantial home equity, built over decades of steady ownership. With refinances scarce and mortgage rates still elevated, that stockpile has become the most durable growth story in housing finance—and one of the most practical ways to help older households manage expenses, preserve independence and stay in their homes. The question is not whether the equity exists....

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