Applications fall double digits as rising rates limit refi opportunities and slow purchase demand
EquitySelect product uses flexible payments and equity-based underwriting to reach underserved borrowers
Early move into Non-QM and in-house AI tools helped Truss build a high-volume brokerage focused on complex borrowers and repeat investor clients
Promotions to regional and area sales roles highlight company focus on growth, culture, and operational stability
Tighter project-review and reserve requirements drew praise for improving condo standards, yet some lenders warned the changes could raise costs
A recent report shows large banks trail non-banks in serving Latino borrowers, highlighting shifts in lending distribution across the state