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Penetration of the VantageScore 4.0 model into the mortgage market has continued to increase, helped by a July spike, but still remains comparatively low, a Keefe, Bruyette & Woods report found. Processing Content Furthermore, the primary users of VantageScore so far are the two largest mortgage companies in business, United Wholesale Mortgage and Rocket. In […]

Prospective homebuyers feel better about their finances in the second half of the year, and are ready to move forward with their purchase plans, a new survey found. Processing Content About 73% of potential buyers intend to purchase within the next year, up slightly compared to the first quarter, and 62% said buying a home

With average origination volume at its highest level in four years, independent mortgage bankers now have five consecutive quarters of pretax net production profits, a quarterly survey found. Processing Content This continued the turnaround from the widespread losses posted between 2022 and 2024, Marina Walsh, the Mortgage Bankers Association’s vice president of industry analysis, said.