New population-testing technology applies lender-defined rules across selected origination and servicing records, then directs flagged files to human reviewers
Four OriginatorTech demonstrations showed how vendors are applying AI and automation to content, database outreach, and loan operations
The wholesale and correspondent lender plans to move six underwriting automation products into production within three months
Chris Shank didn’t let his disabled veteran status stop him from diving head-first into the mortgage industry
New lender portal centralizes lead assignment, preliminary qualification, and follow-up before applications enter underwriting
Wholesale lender lands between the industry’s $845,000 benchmark and Pennymac’s $850,000 ceiling
Single-family construction rebounded in August, but falling permits, fewer completions, and widespread builder incentives point to a tougher fight for the purchase loans those homes eventually produce
Sky-high housing costs have led loan officer Adam Cohn to branch out of Florida
Des Moines and Raleigh lead Realtor.com’s metro rankings as housing supply and borrower purchasing power increasingly divide local markets
Wholesale lender says alternative scores are producing lower rates or reduced LLPAs for some borrowers