services. He will be based in Dallas at Recovco’s headquarters and report to Craig Pino, company President.Only 40% of smaller lenders surveyed reported ongoing AI monitoring, compared with 80% of larger lenders, as a new state examiner guide details the records regulators may request
Mortgage companies have been putting AI policies in place. Keeping watch over the tools after they go live is proving less consistent, particularly among smaller lenders.A new survey by the American Association of Residential Mortgage Regulators (AARMR), the Mortgage Bankers...
A company white paper links lower decline rates to its AI-enabled workflow, then estimates the potential lending volume if those rates held nationwide.
Mortgage applications processed through AngelAi at Sun West Mortgage had substantially lower decline rates in 2025 than applications in the national market, according to a new company white paper. The gap appeared across Asian, Black, Hispanic, and white applicant groups.Sun...
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