Which is better for mortgage — FICO or VantageScore?
VantageScore and FICO have escalated their rivalry in the mortgage space following the Federal Housing Finance Agency’s (FHFA) decision to allow Fannie Mae and Freddie Mac to purchase loans underwritten with VantageScore 4.0 as an alternative to the Classic FICO score. Both companies published analy
Mutual of Omaha expands proprietary reverse mortgage offering to more states
After launching a new proprietary loan product this spring, one of the nation’s leading reverse mortgage lenders has expanded the offering this week to more states.Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and
Homebuilding declines are deepening as headwinds get stronger
New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it.According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This
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