CHLA urges FHFA director to keep issues for small IMBs in mind

Given the current housing environment in the U.S., the Federal Housing Finance Agency (FHFA)’s new leader should prioritize the affordable housing footprint across the country, find ways to cut costs in the origination of mortgages and take additional moves designed to mitigate risk.This is accordin

Vishal Garg says Better’s AI could underwrite 75% of mortgages by year’s end

Better‘s fourth-quarter and full-year 2024 earnings call showcased the company’s growing revenue and its plans to further integrate artificial intelligence into the mortgage process.Vishal Garg, Better’s CEO and founder, said that despite a market with historically low housing affordability and pers

SFR investors scaled back home buying in 2024

Institutional home-buying activity remained subdued last year as transactional players — including iBuyers, flippers, and sales leaseback firms — dominated the market. While major single-family rental (SFR) funds continued to make acquisitions, their volume was significantly lower than during the po