With this week’s half-percent rate cut from the Federal Reserve, agents are hoping sellers will finally get off the fence and loosen up some inventory to get the market moving.
Category: Banking & Lending
Report documents culture of harassment at Guaranteed Rate
A “Chicago Tribune” investigation included accounts from former employees who described accounts of sexual harassment, misogyny and bullying.
Mortgage tech provider Polly launches new intelligence platform
Lender Intelligence harnesses advanced data science and machine learning tools to give lenders a holistic view of their business and the wider competitive landscape.
Brokerages, lenders anticipate big recruitment push in 2024: Triple-I
Approximately 28 percent of brokerage leaders believe “recruiting and retaining talent” will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey.
New credit scores from FICO, VantageScore gaining traction
Lenders won’t be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using them to expand the pool of borrowers.