Billed as the first program of its kind, this endeavor is open for applicants across the U.S. Qualifying applicants may also receive seed capital funding, access to investors and a one-month residency at Silicon FinTech Bay to meet Silicon Valley institutions and venture capital firms. Participants will also be expected to travel to Detroit to meet with the program’s organizers. Applications for the program are being accepted through July 27.Nearly half say their lender representative should have been more involved, while fewer borrowers overall receive same-day answers, JD Power finds
Younger mortgage borrowers may be comfortable handling much of the loan process online, but nearly half say they aren't getting enough attention from their lender representatives.That's one of the more revealing findings in JD Power's 2026 U.S. Mortgage Origination Satisfact...
New federal banking guidance examines the risks of autonomous AI, from borrower communications to servicing transactions, with a focus on human oversight and accountability
Artificial intelligence can draft a borrower email, flag a servicing issue, or recommend a change to a loan file. But what happens when the technology is authorized to act on those recommendations without someone approving each step?A new supervisory framework released Nov. ...
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