Industry News
NAR Adopts Four MLS Policy Changes on Copyright, Data Feeds and Permitted Uses
NAR approved four MLS policy changes on November 8, including optional copyright and data-feed provisions plus a new statement on permitted data use. Local implementation will determine the practical…
Fed Survey Finds Mortgage Demand Weakened as Jumbo Standards Eased
Banks reported weaker demand across every residential mortgage category in the third quarter, while standards eased for jumbo loans, tightened for subprime loans and stayed broadly unchanged elsewher…
UAD 3.6 Becomes Mandatory for New Fannie Mae and Freddie Mac Appraisals
Beginning November 2, new appraisal reports submitted to the GSEs’ Uniform Collateral Data Portal must use UAD 3.6 unless a lender has an approved policy exception. FHA’s transition remains optional.
Fannie Mae Earns $4.2 Billion in Q3 as Credit Loss Provision Rises to $1.1 Billion
Fannie Mae's third-quarter net income rose to $4.2 billion and net worth reached $119.6 billion. Its credit loss provision more than doubled and serious delinquency rose to 0.62%.
Freddie Mac's September Report: Purchase Loans Dominate, Single-Family Delinquency at 0.61%
Freddie Mac's September Monthly Volume Summary shows $36.3 billion of portfolio purchases, an 18% refinance share and single-family delinquency edging up to 0.61%.
Freddie Mac Now Explains 'Not Eligible' Condo Reviews in October 26 Update
A new Condo Project Advisor release gives lenders more detail on certain rejected condo project assessments, potentially reducing back-and-forth without changing eligibility rules.
FICO Freezes Its $10 Mortgage Score Price as Lenders Gain New Options
FICO will keep its $10 wholesale bundle price for Preferred Program lenders using participating tri-merge resellers. The decision arrives as mortgage lenders weigh VantageScore and new underwriting m…
New Housing Order Targets PMI, Refinance Title Costs and Manufactured Homes—What Changes Now?
An Oct. 22 executive order proposes proactive mortgage-insurance cancellation for future eligible loans, broader title-insurance alternatives on refinances and a manufactured-housing task force. Most…
Mullinix Mortgage Group joins New American Funding in the Carolinas
The October 13 announcement adds a Carolinas-based team to New American Funding. Its reported $2 billion of originations is career volume, not an annual result.
Equifax plans adaptive verification upgrade for early 2027
Equifax’s October 13 announcement combines instant and additional verification services in a planned workflow. Lenders still need to test coverage, timing and pricing against their own files.
Bill Pulte Says Salary Donations to Wounded Warrior Project Reach $130,598.86
Pulte reports 24 salary donations totaling $130,598.86 to Wounded Warrior Project. Here is what the record shows and where veterans can find support.