Mortgage rates have been slowly dropping recently, which has caught some people off guard. With inflation data that is still higher than the Federal Reserve‘s target, the recent decrease has left many intrigued. Was it the recent inflation reports or the last batch of labor data that played a signif

Mortgage demand ticked up last week as interest rates declined for a second week in a row. Applications increased by 0.5% on a seasonally adjusted basis during the week ending May 10, according to the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey. “Treasury yields continue

VantageScore has released a pilot of its latest credit-scoring model, VantageScore 4 Plus, for banks, fintechs and government lenders. The new model combines alternate open banking data with traditional credit data, which it claims gives lenders a “substantial predictive lift of up to 10% compared t

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. Last month, Freddie Mac announced a plan to begin purchasing single-family