“After wrapping up a record-breaking 2019 and already into a successful 2020, we’re excited to add this new group of account executives to our team,” said Tom Hutchens, EVP of production for Angel Oak Mortgage Solutions. “They are already educating originators on the benefits of non-QM and the importance of getting into that space right now. They will continue to help us grow by demonstrating the value of working with the industry leader. “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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