“A landmark hire for our organization, Christy is well-positioned to help FormFree grow and impact real change on the mortgage industry,” said FormFree Founder and Chief Executive Officer Brent Chandler. “A consummate professional, she is adept at developing strategic organizations, brilliant at creating the face of a company and highly invested in cultivating the next generation of mortgage professionals through mentorship. We are thrilled to welcome Christy to the team.”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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