InMortgageFinance

Inside Mortgage Finance: What the Mortgage Market Reads, since 1984. Industry Data, News & Analysis. Also on LinkedIn:

[InMortgageFinance @IMFpubs]

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[InMortgageFinance @IMFpubs]

New @millimaninsight research argues that most first-time homebuyer mortgages will end up priced differently depending on whether they were underwritten using VantageScore 4.0 or FICO 10T. https://t.co/diqrc9lv5Y

[InMortgageFinance @IMFpubs]

During an investor presentation Thursday, VantageScore CEO Silvio Tavares said a “very significant stampede” of lenders are now participating in the VantageScore 4.0 pilot. And he suggested that acceptance of VS4 by the GSEs could lead to FICO’s demise. https://t.co/9UTybUDDEb

[InMortgageFinance @IMFpubs]

A new platform from Texas Capital Bank, MAP, is designed with a strong client focus and creates a closed-loop system where clients can originate on a Texas Capital warehouse line, hedge their exposure and access liquidity. https://t.co/oYjXgP6tO6

[InMortgageFinance @IMFpubs]

Banks handled $2.79 trillion of servicing volume for others at the end of March, down 0.8% from the end of December and off 1.3% from a year ago, according to a new Inside Mortgage Trends analysis of bank call-report data. https://t.co/3f9FQ9AmOx

[InMortgageFinance @IMFpubs]

A large and volatile gap persists between Treasuries and mortgage rates, new research found. And it exists mainly because, when mortgage rates fall, borrowers can refi without penalty but investors get their principal back at a time when rates are low. https://t.co/XltdQPdroj

[InMortgageFinance @IMFpubs]

Trade groups across the board are largely supportive of the Financial Stability Oversight Council’s proposed changes to its nonbank designation guidance. https://t.co/ubiBvdANcy

[InMortgageFinance @IMFpubs]

Investor demand for expanded-credit mortgage-backed securities has increased in recent years and appears unlikely to let up, according to participants at the residential mortgage securitization forum produced by @IMN_Events Wednesday in New York City. https://t.co/SWxjqTsjjX

[InMortgageFinance @IMFpubs]

Better and Coinbase have announced that they will expand the availability of their Fannie Mae-backed cryptocurrency mortgage program this summer. The program funded its first loan this week, which used Bitcoin assets to help qualify a borrower. https://t.co/bAhpr6ftBW

[InMortgageFinance @IMFpubs]

BNY is partnering with Snapdocs to provide BNY’s clients eVault and eCustody infrastructure, touchless collateral delivery, document intelligence and the potential to expand beyond mortgage collateral. https://t.co/yxZFa1gLUW

[InMortgageFinance @IMFpubs]

Some 8.89% of purchase-mortgage applications were denied last year, down slightly from 9.03% in 2024, according to a new IMF analysis of Home Mortgage Disclosure Act data. https://t.co/1VrxfBBVlq

[InMortgageFinance @IMFpubs]

In a letter sent to certain shareholders, Two Harbors’ board reiterated their approval for CrossCountry Mortgage’s bid for the company. It highlighted CCM’s fully committed financing for a deal and the board’s review process for picking CCM over UWM. https://t.co/bAhpr6g1ru

[InMortgageFinance @IMFpubs]

AmeriHome Mortgage was the only lender among the top five to increase its conventional-conforming volume on a quarterly basis in 1Q26, according to a new IMF ranking. AmeriHome had $9.53 billion of conventional-conforming business in 1Q, up 2.2% from 4Q. https://t.co/Z5sQQL21v9

[InMortgageFinance @IMFpubs]

Veterans United held its top position among correspondent sellers of government-insured loans in 2025 with $7.73 billion, but its sales were down 8.2% from 2024. Learn more about nearly every company making originations with IMF’s HMDA Dashboard. https://t.co/AZzq5MQqBT

[InMortgageFinance @IMFpubs]

NewDay USA’s closing-cost loan offering is a secondary, unsecured loan underwritten with an interest rate that’s slightly higher than the mortgage. If borrowers pay off the closing-cost loan within the first year of origination, NewDay refunds the interest https://t.co/W2yIuqPw2D

[InMortgageFinance @IMFpubs]

Income Engine, a new platform designed to make non-QMs more accessible, is “a non-QM for an LO who doesn’t have to learn all the programs or anything else. [It’s] for the borrower that doesn’t need to learn about all the programs,” its co-founder says. https://t.co/6xbLaEQJEW

[InMortgageFinance @IMFpubs]

.@moodysratings updated its methodology for assessing RMBS to include assessments of second-lien, fixed-rate mortgages originated in 2009 and beyond. Moody’s adopted as-is the proposed update it issued in February, save for some clarifications on SaTO. https://t.co/7sVKRjRQRa

[InMortgageFinance @IMFpubs]

Rocket Pro announced “The Big Pitch,” a broker tech contest with a grand prize of $100,000. Participants will submit a short video explaining the problem they want to solve through technology and Rocket will develop prototypes for three finalists’ ideas. https://t.co/UlfZyjH4JF

[InMortgageFinance @IMFpubs]

Onity has received regulatory approval for the sale of the company’s reverse mortgage servicing rights portfolio and certain reverse originations assets to Finance of America. The deal was revised based on discussions with Ginnie Mae. https://t.co/UlfZyjH4JF

[InMortgageFinance @IMFpubs]

Allowing FHA to offer zero-down loans to certain first-time borrowers would only incrementally increase risk to the FHA’s Mutual Mortgage Insurance Fund, @urbaninstitute researchers say. https://t.co/eq4vNfVyn3

[InMortgageFinance @IMFpubs]

Rocket Mortgage is offering savings to consumers who use a Redfin agent through lender credits and commission discounts. And it’s planning more discount offerings through its multiple brands, potentially around personal loans, HEL and cash-out refis. https://t.co/1Z09bgeRMm