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• Fannie Mae changes underwriting to help ‘credit invisible’ borrowers December 6, 2022
  Fannie Mae said the goal is to provide "more comprehensive view into a borrower’s financial health that can help enhance the credit assessment as part of the lender’s underwriting decision."
  Angelica Leicht
• Broker group calls on FHFA to spike upcoming cash-out refi fee December 6, 2022
  The chorus of mortgage brokers who are calling on the FHFA to remove a targeted cash-out refinance fee is growing louder.
  James Kleimann
• Path Software launches new TPO capability December 6, 2022
  Calyx launched a new third-party origination (TPO) functionality for Path Software called Path TPO, the company announced Tuesday.
  Tannistha Sinha
• How LOs get into a real estate agent’s circle December 6, 2022
  “That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, said. “The lender and LO can make or break the transaction.”
  Brooklee Han
• How to reach the growing segment of Hispanic American homebuyers in 2023 December 6, 2022
  As interest rates remain volatile and demand continues to suffer, lenders across the industry are seeking new avenues to reach borrowers. Often, that means analyzing target markets to determine fresh ways to connect with growing demographics. For many, this analysis is unearthing a noteworthy trend: In many pockets of the US, Hispanic Americans represent a […]
  Eunice Garcia
• Builders pull back on single-family construction in most counties December 6, 2022
  Single-family building in large metro outlying counties and exurban areas has waned in the last 12 months, according to the NAHB HBGI for the third quarter of 2022.
  Brooklee Han
• Mortgage infrastructure platform Pylon raises $8.5M in seed round December 6, 2022
  Pylon's goal is to build end-to-end mortgage tools to fintechs, banks and retail banks that can pre-fill loan applications while instantly verifying income, assets and pulling credit.
  Connie Kim
• loanDepot VP Brian Covey moves to Revolution December 6, 2022
  Brian Covey, former pro soccer player and VP of regional production at loanDepot, has moved to Revolution Mortgage.
  Tannistha Sinha
• As title insurance volume shrinks, workers take on more tasks December 5, 2022
  Title industry experts reflect on the year that was in title and what is coming up the pipe in 2023 as the housing market continues to cool.
  Brooklee Han
• Fintech Achieve closes $175M HELOC securitization December 5, 2022
  Achieve closed its first AAA-rated securitization early this month, which is backed by home equity lines of credit originated by affiliate Achieve Loans.
  Connie Kim