Middleman, who founded Freedom Mortgage in 1990, was among several finalists selected by a panel of independent judges for the award, which was presented during at a special gala event on June 19 at the Kimmel Center for the Performing Arts in Philadelphia. Freedom Mortgage serves customers in all 50 states and has a nationwide staff of more than 4,000 employees.Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place
Fannie Mae’s artificial intelligence and machine-learning governance requirements take effect Thursday, Aug. 6, giving approved seller/servicers a final deadline to formalize how the technology is used across mortgage origination and servicing.The requirements apply when a s...
Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers
Higher mortgage rates are thinning the purchase pipeline, even as lower asking prices and reduced competition give borrowers still in the market more leverage.Seasonally adjusted U.S. pending home sales totaled 322,739 during the four weeks ending July 26, their lowest level...
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