T-Mobile is broadly syndicating $500 million of securities, and the total size of the securitization is $561.34 million. https://www.nationalmortgagenews.com/articles/t-mobile-returns-to-bond-market-with-deal-it-postponed-last-month
NextGenMortgage
Consumer advocate, fintechs urge CFPB, FHFA to adopt AI guidance
The National Community Reinvestment Coalition and four fintechs want the agencies to act on the White House's executive order on artificial intelligence. https://www.nationalmortgagenews.com/news/consumer-advocate-fintechs-urge-cfpb-fhfa-to-adopt-ai-guidance
How warehouse lending shifts are impacting mortgage firms
The Fed's cut has implications for mortgage companies' costs and the lineup of providers keeps fluctuating. https://www.nationalmortgagenews.com/news/how-warehouse-lending-shifts-are-impacting-mortgage-firms
FICO predicted to hike costs for mortgage credit scores by up to 50%
The cost of a credit score is $3.25, but could balloon to the $5 range in 2025. https://www.nationalmortgagenews.com/news/fico-predicted-to-hike-costs-for-mortgage-credit-scores-by-up-to-50
Equity share fintech Splitero receives multimillion dollar investment
The strategic investment in the shared appreciation platform comes after capital raises at similar businesses last month. https://www.nationalmortgagenews.com/news/equity-share-fintech-splitero-receives-multimillion-dollar-investment