FHA expected to keep Classic FICO as it adds new models in January
Lenders expect model consistency will be required at the loan level
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MBA’s Broeksmit pushes back on linking UWM with FHA fund
An op-ed published earlier this month by The Wall Street Journal has raised the eyebrows of at least one mortgage industry leader, who penned a rebuttal this week about the outlet tying a capital infusion at United Wholesale Mortgage (UWM) to the health of the Federal Housing Administration (FHA)’s mortgage insurance fund. On Aug. 13,
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Fed Chair Warsh will vote to hike rates if data doesn’t improve
Today, Fed Chair Kevin Warsh gave his much-anticipated Jackson Hole speech, which I previewed in today’s episode of the HousingWire Daily podcast with Editor-in-Chief Sarah Wheeler. My primary take from the speech is that Warsh will vote for a rate hike if inflation data doesn’t improve and labor data is stable. My main concern with
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