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Buying your first home is a big deal, especially in a bustling and diverse region like the DC metro area, which includes both the District of Columbia and Northern Virginia. From historic townhouses ...
FHFA will now accept credit scores from VantageScore 4.0 as a means of underwriting mortgages sold to Fannie Mae and Freddie Mac.
Buying your first home is a major milestone, and in Washington State, the process can feel both exciting and overwhelming.
Using the company's expert-annotated dataset covering 23 document types essential to mortgage underwriting, this benchmark sets the industry’s new baseline for measuring AI accuracy and ...
Currently, digital assets are not recognized by either GSE in underwriting decisions, and borrowers must rely on fiat-based reserves and income documentation to qualify. The announcement comes as part ...
FHFA Director Bill Pulte announces a review into how cryptocurrency holdings could factor into the US mortgage qualification standards. Current rules allow crypto-to-cash conversions for down payments ...
It can also expedite the actual mortgage application process, as you’ll need many of the same documents for preapproval and underwriting. How long does it take to get preapproved?
You Might Not Qualify for the IRS Fresh Start Program Without These 3 Documents - Clear Start Tax Shares a Checklist Provided by ACCESS Newswire Jun 16, 2025, 5:00:00 AM ...
Originating a mortgage includes services like underwriting, document preparation, loan processing and funding. Lenders usually charge a single origination fee to cover most or all of these items.
Australia's corporate regulator said the mortgage broking unit of No.2 lender Westpac had used falsified payslips from non-existent employers to approve home loans in a lawsuit filed on Wednesday.