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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

June 22: Verification letter, AI compliance, retention, decisioning tools; Fix-and-flip trends; overnight rate hikes a certainty?

The solstice was yesterday, summer has officially begun, and we can look for the daylight in the Northern Hemisphere to gradually diminish until mid-December. Certainly, Congressional legislation will diminish with only about two weeks left in the legislative calendar until the election. Housing policy? Heck, Congress won’t touch Freddie and Fannie with “a 10-foot pole.”…

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