MacPherson has served as the company’s president since 2016 and will replace Adam Kessler, who will take on the new role of chairman of the board. The company also announced the promotion of Kristi Pickering from senior vice president of process automation to chief operations officer and the appointment of Mike Jensen, the company’s executive vice president of marketing and corporate development, to the board of directors.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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