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Initial reaction to the FHA's proposed test of a partial claim alternative: worth trying, but not every servicer will want in.Processing ContentThat fits in with the terms of the five-year demonstration project the FHA has floated, which would be open to all and voluntary.If the test moves forward, various types...
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MeridianLink is acquiring a financial wellness platform, marking the start of accelerated technology investment by the company.Processing ContentThe loan-origination software provider bought Credit Mountain, which helps financial institutions transform loan declines into opportunities through personalized credit education, digital coaching and actionable financial improvement plans, for an undisclosed amount last week. The...
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The Department of Housing and Urban Development will begin considering bids in September for the auction of 5,500 units in two separate reverse-mortgage pools where the borrowers are deceased. Processing ContentA sale of 1,500 non-vacant properties, HNVLS 2026-1, which was originally scheduled to take place in February, will now open on...
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