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Replacing the classic FICO score and fighting appraisal bias

Today we talk about the FHFA’s timeline for replacing the classic FICO credit score model as well as the latest news on appraisal bias.

IMBs losing money as the cost to originate goes through the roof

Today's episode is about the rising cost to originate a mortgage loan and the FHFA’s decision to delay a controversial upfront fee.

Black Knight finds a buyer for Empower

Today's episode is about Black Knight selling Empower ahead of the ICE merger and the updates to Fannie Mae’s Selling Guide on appraisals.

The MIP cut and Wells Fargo layoffs

Today's episode is about the mortgage insurance premium cut and Wells Fargo’s mortgage strategy amid more layoffs.

Rocket finds itself at a crossroads, plus more mortgage M&As

Today episode is about January sales, mortgage deals and acquisitions, and a little bit about the current saga happening at Rocket Mortgage

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