Servicers may need to rethink loss mitigation as defaults rise
Servicers may need to use some of their less common risk management tactics rather than solely relying on borrowers holding significant equity, Andy Walden said.
GSEs, Rocket give lenders new reasons to adopt VantageScore
The GSEs also have unified 4.0 pricing for loans scored with classic FICO while 10T moves toward 2027 adoption at FHA but remains pending at the enterprises.
Home prices up 1.9% annually in July — energy, fuel costs loom
Seattle recorded the largest annual decline for the second consecutive month

Pamela Heman
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