Experian is imposing another price increase on credit reports sold to mortgage lenders — an unusual move at this time of year, according to resellers who spoke with HousingWire. “I have never seen a price increase after a price increase in January,” said one reseller executive, who requested anonymity to avoid potential retaliation. “It comes […]
Experian imposes another price increase on mortgage lenders Read More »
Mortgage applications increased 0.4% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 20. On an unadjusted basis, the index increased 2% compared with the previous week. The seasonally adjusted purchase index decreased 5% from one week earlier. The unadjusted purchase index
Mortgage applications rise slightly as rates move closer to 6% Read More »
Mortgage applications rose 2.8% last week as lower borrowing costs spurred a pickup in refinancing activity, according to the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 13. On an unadjusted basis, the index rose 5% compared with the previous week. Refinance applications led the gain, climbing 7% from the
Mortgage demand rises 2.8%, fueled by 7% leap for refis Read More »
Credit report prices for mortgage lenders will increase by up to 50% in 2026, despite regulatory efforts to boost competition and recent pricing shifts by some players, resellers told HousingWire. It will mark the fourth consecutive year of higher costs. The increase is tied to credit reports that originate with FICO information and flow through
Mortgage credit report costs could jump 50% in 2026 Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Zillow’s Follow Up Boss privacy policy changes spark industry debate Zillow‘s updated privacy policy for Follow Up Boss has sparked debate among real estate agents. The policy introduces
Tech Pulse: AI advances, big earnings and policy shifts Read More »
As the mortgage banking landscape evolves, industry leaders shared their approaches to playing offense as they try to balance new technology and a complex lending environment. At HousingWire’s Mortgage Banking Summit on Tuesday, Misti Snow, SVP of operations at Better and Sasha Stair, Xactus‘ chief marketing officer, shared that as the mortgage sector is experiencing
Better, Xactus executives on balancing innovation with consumer needs Read More »
Mortgage lenders deploying artificial intelligence should prepare now for Colorado’s comprehensive AI law that will take effect in February 2026 and rethink how they manage compliance risk. That’s according to Mike Brown, chief product officer at Xactus, and Wendy Lee, managing partner at LOGS Legal Group, who appeared on stage this week at HousingWire‘s AI
Mortgage lenders urged to build AI compliance foundations Read More »
A plaintiff in California is claiming that Xactus and Equifax did not conduct a “reasonable” investigation into claims of identity theft, which harmed her credit and violated the Fair Credit Reporting Act. The suit was filed in late May in the Superior Court of San Bernardino County, California, by plaintiff Junnan Guo, who is representing
Lawsuit claims Xactus, Equifax, others violated Fair Credit Reporting Act Read More »
Xactus on Wednesday announced the completion of its integration with MSP, the loan servicing system operated by Intercontinental Exchange (ICE). The integration enables mortgage servicers to receive automated flood zone determination updates directly into their systems without manual intervention. “This integration is a market-changing development for both Xactus and mortgage servicers who rely on systems
Xactus integrates flood compliance solution with ICE’s mortgage servicing system Read More »