Raising An Ai Brainchild In The Mortgage Industry
Angel Ai takes on the next five years with a new ‘do and functions to boot
Mortgage Banker
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Sarah Wolak
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Xactus Names Danielle Walker SVP, Business Development
Previously, Walker served as Vice President, Product Development.
Consumer Confidence Drops To Lowest Level Since 2022
The consumer confidence index fell to 97 in April from March’s 103.1 reading.
First American: Housing Market Nearly Overvalued Nationally
Affordability dipped 5% YOY.
Two Ex-Employees Of NJ Mortgage Business Charged in Fraud Scheme
The U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger announced the charges last week.
Mortgage Rates Continue Their Ascent
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
UWM, UMortgage Under Attack For Alleged Shell Scheme
A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.
U.S. Economy Grew At 1.6% Rate In Q1
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
Home Sellers' Q1 Profit Margins Declined Quarterly, Annually
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.
Gateway Appoints Jonathan Wallace As Chief Financial Officer
Before joining Gateway, Wallace served as CFO at EnerBank USA, a division of Regions Bank