Technology venders and other companies in various sectors of the mortgage market have waxed up their surfboards and are riding the massive wave of FHA lending, a market that has long been mired in the backwaters of innovation. San Diego software company Avista Solutions announced that its automated underwriting system has been fully interfaced with the FHA’s TOTAL Scorecard, which allows FHA...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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