Lowman is a former executive vice president with Freddie Mac, where he focused on the enterprise’s single-family business. Prior to joining Freddie Mac, he was CEO of Chase Home Lending, overseeing $150 billion in annual production and a $1.2 trillion servicing portfolio. Earlier in his career, spent a decade in senior leadership roles in various Citigroup businesses, focusing on U.S. and global consumer lending businesses.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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