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UWM adds VantageScore alongside FICO for conventional loans

United Wholesale Mortgage announced Wednesday that independent mortgage brokers working with UWM can now access both FICO and VantageScore credit scoring models for conventional loans, a move aimed at giving brokers more flexibility when evaluating borrowers. In a press release, the Michigan-based lender said brokers using its no-cost credit reports will automatically receive both credit […]

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‘Didn’t see that coming’: Real estate brokers react to Real-REMAX deal

At a time when it seems like most real estate brokers can’t agree on anything, one thing they can agree on is that The Real Brokerage’s acquisition of REMAX, announced on Monday, came as a surprise.  “To me it came a bit out of left field because I don’t think anybody had talked about Real,”

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Housing starts overachieved in March amid warning signs aplenty

Housing starts spiked in March to their highest point in more than a year, but economists caution that this increase is likely temporary as ongoing economic and geopolitical uncertainty roil a near- and mid-term outlook.  According to the U.S. Census Bureau’s new residential construction data released on Wednesday, housing starts in March jumped to levels

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