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In this conversation, see Shelly and Sasha break down the company's latest product moves—from intelligent Verification to the groundbreaking FICO Score Simulator. A smarter future for lending. In this episode, hear from Shelly and Sasha of Xactus as they break down the company's latest product moves—from Intelligent Ve
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News
Zillow faces shareholder lawsuit over Redfin deal
1+ day, 8+ hour ago (455+ words) A shareholder filed a derivative lawsuit in Washington, alleging Zillow’s $100 million Redfin deal created antitrust risk and misled investors. The suit cites alleged insider sales of $81 million and seeks damages plus governance changes. AI Summary While Zillow may no longer…...
August existing home sales slip to 3.98 million annual rate
2+ day, 13+ hour ago (835+ words) Existing home sales fell 2% month over month in August to a 3.98 million annual rate, down 1.2% year over year. Inventory rose to 1.62 million units and months of supply increased to 4.9, while the median price rose 1.6% to $429,100. AI Summary Existing home sales…...
Toughen up: StyleCraft Builders CEO on back-to-basics leadership
2+ day, 9+ hour ago (1623+ words) StyleCraft Builders CEO Doug French argues the current market is exposing execution gaps that strong demand once masked. He says the focus is on repeatable fundamentals, including on-time delivery, tighter variances, more targeted incentives, and land plays in smaller pocket…...
How VantageScore 4.0 impacts GSE mortgage pricing
2+ day, 9+ hour ago (823+ words) Fannie Mae and Freddie Mac released official LLPA grids for Classic FICO and VantageScore 4.0 as FHFA opened VantageScore delivery to all lenders. The GSEs apply VantageScore pricing at a bucket that's 20 points higher than FICO, and third-party analyses find borrower…...
Jason Finch named president of Fischer Homes
2+ day, 16+ hour ago (253+ words) Fischer Homes named veteran executive Jason Finch president in a leadership restructuring that separates the president and chief operating officer roles. Finch, previously South Region president, will oversee homebuilding strategy and operations across the company’s 11 markets. AI Summary Kentucky-based Fischer…...
Why construction workers face one of the highest suicide risks
4+ day, 11+ hour ago (1214+ words) CDC data shows construction has the 2nd-highest suicide rate in the U.S., at 4 times the national average. Manyindustry groups are expanding free training and jobsite resources ahead of Construction Suicide Prevention Week. AI Summary There’s plenty of discussion surrounding the chronic…...
Lewis urges Better shareholders to reject Garg's proposals
4+ day, 14+ hour ago (738+ words) Better interim CEO Daniel Lewis urged shareholders to reject former CEO Vishal Garg’s proxy effort, citing revenue declines and missed targets. Lewis said company performance has improved after Aug. 3, including $45 million in annualized cost cuts. AI Summary Daniel Lewis, interim…...
Mortgage rate locks fell 9% in August, Optimal Blue reports
4+ day, 13+ hour ago (830+ words) Optimal Blue reported August 2026 lock volume fell 9% month over month and 3% year over year as rates held steady. Purchases were 81% of volume, while rate-and-term refis fell 47% year over year. AI Summary Mortgage activity weakened in August even as mortgage rates…...
Zillow asks court to stay discrimination suit pending arbitration
4+ day, 16+ hour ago (297+ words) Zillow filed an unopposed motion to stay a discrimination lawsuit brought by former employee Kenneth Brantley, citing an arbitration agreement. The company disputes Brantley’s claims, saying he struggled in a management role and his team missed sales quotas. AI Summary…...
From days to minutes: How Prudent AI and Angel Oak are shifting non-QM eligibility upfront
1+ week, 1+ day ago (759+ words) From Hutchens’ perspective, one of the most notable changes has been the way originators now view non-QM. What was once treated primarily as an alternative when agency financing did not work has become a much more established part of the…...