Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.
Read More »Making First-Time Homeownership More Inclusive
Fannie Mae CEO Hugh Frater explains how new underwriting technology will affect Black Americans' ability to secure a mortgage.
Read More »FHA Announces New Automated Underwriting System for Lenders
The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders ...
Read More »Portfolio Underwriter is Now Available through Calyx Software
Calyx Software announced that Portfolio Underwrite is now available to Point and PointCentral clients. Portfolio Underwriter allows portfolio lenders to customize credit decisioning and safely originate non-agency loans that they intend to put on their balance sheets. It captures a portfolio lender’s program guidelines within its engine and delivers a rules-based underwriting decision in seconds and results of the decision are documented into a findings report.
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