Congress faces tough budget negotiations this month over the National Flood Insurance Program reauthorization and other issues, putting the single-family mortgage market on alert. Without a NFIP renewal by Sept. 30, flood coverage could lapse and a broader congressional impasse could cause a new government shutdown, requiring workarounds. What follows are a few of the […]
How lenders can prep for NFIP lapse, shutdown Read More »
Tariff-influenced lumber price volatility this year has markets trying to read the tea leaves to determine what the implications might be for housing and the economy at large. Since reaching a three-year high in early August, lumber futures declined by 25% to trade at approximately $525 this week, data from the Chicago Mercantile Exchange showed.
Lumber prices swing as tariff fears roil markets Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. In July 2025, a pivotal change came to the mortgage industry, when the Federal Housing Finance Agency officially approved the use of VantageScore 4.0 as an alternative to Classic FICO for mortgages purchased by Fannie Mae and Freddie Mac. VantageScore claims that Classic FICO is
FICO isn’t the problem. A premature two-score system Is Read More »