Mortgage executives put optionality at heart of 2027 planning
A HousingWire report citing a 70% view among mortgage executives places strategic optionality at the centre of financing decisions as lenders and borrowers assess the path toward 2027.
Topic: #MortgageFinance
25 storiesReporting and analysis grouped around #MortgageFinance.
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Vesta secures $30m Series B to expand AI-native loan platform
Vesta’s new capital is aimed at broadening its loan-origination technology, as Pennymac reports lower costs and stronger loan officer efficiency from the platform.
FICO plans 15% workforce cut and fewer management layers
FICO is set to reduce its workforce by 15% and simplify its management structure as regulators and major lenders give greater consideration to competing credit-score models.
UWM removes minimum credit score overlay for agency loans
United Wholesale Mortgage will no longer apply its own minimum credit score threshold to eligible agency and government-backed mortgages, relying instead on automated underwriting findings.
Non-QM lending widens financing paths as broker options grow
Bank-statement and debt-service coverage ratio programs are expanding the tools brokers can offer borrowers whose income or property profiles do not fit standard mortgage rules.
UWM adopts dual credit-score pulls and selects the stronger result
UWM will retrieve both FICO and VantageScore on each credit inquiry, then automatically use the more favorable result in its mortgage lending process.
ARM reset wave is expected to crest in 2027, with risks concentrated
Data from ICE and Optimal Blue point to a manageable rise in adjustable-rate mortgage resets, though payment changes could create pressure for concentrated groups of borrowers.
Rocket Pro’s October Power Play adds Orbit rewards for mortgage brokers
Rocket Pro has rolled out its October Power Play promotion through Orbit, pairing broker rewards with eligible EPO fee protection, same-day conditional approvals and pricing credits tied to Padlock days.
Polly launches PollyOS for mortgage pricing, hedging and trading
Polly has introduced PollyOS, combining mortgage pricing and eligibility capabilities with Polly Hedge and a relaunched Loan Trading Exchange in one platform.
UAD 3.6 nears, pressing lenders to move from awareness to production
The approaching UAD 3.6 transition requires lenders to treat appraisal modernization as an operational change, not simply a new form — with pipeline continuity and collateral-data quality at stake.