FHFA Director Bill Pulte announced that VantageScore® and FICO will soon be using the same LLPA grip - no more allowance for the lesser known challenger.

What does this all mean to the market and FICO?

*Released on Tuesday, Sep 15

Could housing help swing the midterms?

With affordability, mortgage rates and the cost of homeownership continuing to weigh on Americans, housing could become an increasingly important factor heading into the midterm elections.

On Episode 5 of The Pulse, Jennifer & I will break down the mortgage and real estate finance moves the administration could make, and whether they could have a meaningful impact on voters and ultimately the outcome of the midterms.

What could actually move the needle? And how much influence can housing policy really have at the ballot box?

This week on The Pulse, Jennifer & I are cut through the noise on three major stories shaping the mortgage industry:

1. Better: Genius Visionary or Fiduciary Failure?
Better’s numbers were finally improving. Did the board push Vishal Garg out just as his strategy was starting to work, or was it simply too little, too late?

2. UWM: On Its Way Out…or Reloading?
A $451M loss and a suspended dividend vs. $39.7B in quarterly originations and a $2.05B lifeline from Oaktree. Is UWM in trouble, or positioning itself to dominate wholesale when the market turns?

3. Non-QM Breaks 10% Market Share
DSCR and bank statement loans are surging as conventional lending loses ground. Is Non-QM the lifeline loan officers need, or a growing credit risk the industry should be watching?

The Pulse: Less noise. More of what’s actually moving housing.