Spaulding will concentrate on the Wisconsin, Iowa, Illinois, Minnesota and Indiana markets for the Strongsville, Ohio-headquartered lender. He joins Union Home Mortgage after holding executive positions with The Money Store, Caliber Home Loans, Nationwide Mortgage, Gateway Funding and GMAC Mortgage. From 1988 to 1996, he was president of Creditel, the largest mortgage credit reporting agency in the Midwest and among the top 10 largest in the U.S.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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