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UWM adds VantageScore alongside FICO for conventional loans

United Wholesale Mortgage announced Wednesday that independent mortgage brokers working with UWM can now access both FICO and VantageScore credit scoring models for conventional loans, a move aimed at giving brokers more flexibility when evaluating borrowers. In a press release, the Michigan-based lender said brokers using its no-cost credit reports will automatically receive both credit…

ERA Real Estate affiliates form new billion-dollar-plus partnership in California

Real Estate Experts ERA Powered has entered into a strategic partnership with Legacy Real Estate & Associates, which will operate under the name Legacy Real Estate Experts ERA Powered, expanding its presence across the San Francisco Bay area. The combined California organization includes more than 300 affiliated sales professionals operating across offices in Campbell, Fremont,…

Housing starts overachieved in March amid warning signs aplenty

Housing starts spiked in March to their highest point in more than a year, but economists caution that this increase is likely temporary as ongoing economic and geopolitical uncertainty roil a near- and mid-term outlook.  According to the U.S. Census Bureau’s new residential construction data released on Wednesday, housing starts in March jumped to levels…