“With Sherry leading the charge, Open Mortgage will be better positioned to execute on the substantial opportunities in the area and further strengthen our ties to the community in those states. Sherry’s unmatched abilities in client relations, financial data analysis and underwriting make her ideal in directing our growing influence in the area,” said Scott Gordon, founder and chief executive officer of Open Mortgage. “Sherry’s more than 20 years of experience in the mortgage industry and impressive leadership history will be a crucial component in empowering homeowners in her region.”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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