Tech

Integration gives originators an earlier qualifying-income calculation for wage earners with variable pay

The integration puts risk-based and traditional mortgage insurance pricing inside a platform reporting more than 400 customers and $300 billion in locked-loan volume

Lender says about 1,000 brokers have migrated to the platform, which has cut roughly one week from part of the closing process

The First American subsidiary is sharpening its lender-facing identity after becoming the nation’s fourth-largest mortgage subservicer

Expanded integration combines payroll and bank-account data, giving originators earlier visibility into income, assets, and potential qualification issues

Outside counsel’s fabricated citations expose a third-party oversight risk for mortgage servicers, trustees, and investors

Celligence says the debt financing will support a broader rollout of technology it claims can reduce internal mortgage manufacturing costs to less than $125 per loan

New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system

The company is pitching enterprise-style AI that individual originators and smaller mortgage businesses can deploy without engineers

The technology is designed to transform field observations into searchable portfolio data for lenders, servicers, and investors