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Proprietary score data that influential government-related mortgage buyers recently revealed could give housing finance firms an edge in predicting loan performance, Bank of America researchers concluded in a new study. Processing Content “We think the providing of the agency score is a timely, robust addition to credit modeling, offering a consistent alternative,” Jeana Curro, Chris […]

Recent capital raises at mortgage fintechs show which technology tools lenders value, and signal that measurable bottom-line results will drive future investor interest. Processing Content While the latest funding announcements from Kastle and Celligence show that the ease of using today’s platforms for originations is a feature both consumers and mortgage professionals appreciate today, promise

A record amount of home equity has brought companies across the mortgage industry, particularly fintechs, into the sector.  Processing Content Borrowers with a mortgage in the United States hold a total of $17.9 trillion in home equity, equal to $310,000 per homeowner, according to Cotality’s latest Homeowner Equity Insights Report. Better Mortgage and fintechs like