FHA to “reassess” Catalyst appraisal tech solution

The Federal Housing Administration on Thursday said it would pause the mandatory effective date for its electronic appraisal delivery module because it is “reassessing aspects of [its] development and implementation.” “FHA strongly recommends that industry partners pause EAD onboarding and direct integration activities until final determinations are made regarding the

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Rocket launches program to lower first-year mortgage payments

Rocket Mortgage and its wholesale arm Rocket Pro TPO will reduce homebuyers’ monthly mortgage payments by one full percentage point for the first year of their loan. Dubbed the “Inflation Buster” program, Rocket aims to give borrowers a reprieve to combat high inflation and affordability challenges, the company said in

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HW+ Member Spotlight: Rodney Moss

This week’s HW+ member spotlight features Rodney Moss, Executive Vice President at LoanCare. HW Media: What is your current favorite HW+ article and why? Rodney Moss: All my favorite articles in HousingWire revolve around servicing innovation – really anything and everything that can help improve the overall experience for homeowners and enhance an asset’s value.

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