Herr joins the company from PennyMac Loan Services, where she was a Regional Sales Manager in charge of client relationships for the company's correspondent channel in five western states. Earlier in her career, she was as Senior Vice President at Mortgage Capital Management, Correspondent Sales Director at Stonegate Mortgage Corp., Vice President at JP Morgan Chase's wholesale and correspondent divisions and Vice President and Underwriting Manager at Merrill Lynch Mortgage Capital.Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending
Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending.Newfi has built innovative lending products and a modern approach to the mortgage market. As the industry evolves, the company continues to exp...
The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country
Homebuyers are putting less money down than they were a year ago, another sign that increased inventory and greater negotiating room are changing the purchase market.The typical down payment fell to $27,100 in the second quarter of 2026, the lowest second-quarter dollar amou...
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