Fannie Mae recently updated its servicing guidelines to include new instructions for handling temporary interest-rate buydowns, which have become more popular as a way to attract borrowers. The new guidelines provide clarity for servicers on how to manage these loans. The new rules, which Fannie has asked servicers to adopt immediately, become mandatory Nov. 1. […]

Two Texas-based mortgage giants are hoping to attract more investors in their own backyard, announcing dual listings on the New York Stock Exchange Texas. Plano-based Finance of America and Dallas-based Hilltop Holdings, the parent of Plainscapital Bank and Primelending, are founding members of the new fully-electronic exchange headquartered in Dallas. The NYSE, owned by Intercontinental

As mortgage lenders weigh how to integrate artificial intelligence, technology leaders are juggling the rapid pace of innovation with the need to set realistic expectations. They’re finding that effective adoption depends as much on curiosity, patience and internal collaboration as it does on the tools themselves — and that buy-in from executives, compliance teams and