Applied Business Software (ABS)AngelAi demonstrates how AI agents can handle routine mortgage work, increase originator capacity, and reduce operating costs
Artificial intelligence is moving beyond answering questions and generating content. Increasingly, it can complete the routine work that consumes an originator’s day.That shift could allow mortgage companies to increase production without adding support staff at the same rat...
Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products
Higher mortgage rates erased June’s improvement in borrower demand during July, but the retreat in overall activity concealed a continued shift in where mortgage production is coming from.Total rate-lock volume fell 11.4% from June as Optimal Blue’s benchmark 30-year conform...
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