According to the company, EVO-Res is offers customized set-ups that enables users to configure every field, with new fields that can be added on the fly and are instantly reportable. Users can also create new review forms in minutes. EVO-Res also works with EVO-C, Global DMS’ commercial lending valuation platform, thus allowing for a single-system solution for managing two different business lines.The wholesale lender is raising $2.05 billion and suspending its dividend after the transaction contributed to a sharp quarterly loss and exposed balance-sheet pressure
United Wholesale Mortgage Chairman and CEO Mat Ishbia attributed a $603.2 million derivatives loss in the second quarter to an unusually large hedge established around UWM’s failed pursuit of Two Harbors Investment Corp., calling it a transaction-specific mistake that the co...
August 6 was an important contractual checkpoint. The more consequential deadline is the day a GSE, regulator, investor, warehouse lender, or plaintiff asks the institution to produce evidence that its AI governance actually worked
Across the mortgage industry, August 6, 2026, has been treated as the artificial-intelligence governance deadline. Now that the date has arrived, the harder question is what an institution must be prepared to prove on August 7 and every day thereafter.Fannie Mae’s governance...
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