“Nancy and Teresa will be critical to the continued growth and development of Ross Mortgage as the company continues to expand in new markets and add loan programs and processes,” said Tim Ross, CEO of Ross Mortgage Corporation. “We are thrilled to work with both women to enhance our employee training, branch growth and retention strategies, and integrate new technology and branch locations over the coming years.”
As vice president of branch growth and development, Aupperle (pictured left) will be responsible for working with the branch managers on profitability, acting as a liaison to the loan origination team, and growing and retaining talent at Ross Mortgage. She will also assist with budgeting, forecasting, and support the operations team with internal projects.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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