Redfin says a brief drop in mortgage rates lifted pending home sales to a two-month high, but rising rates and tighter inventory could test whether the momentum lasts
A brief decline in mortgage rates was enough to bring more homebuyers back into the market, pushing U.S. pending home sales to their highest level since early May even as new listings fell to their lowest level since January, according to a new report from Redfin.Pending hom...
AI governance in mortgage servicing after the GSE mandates
Artificial intelligence is no longer an emerging technology in mortgage servicing. For many servicers, it has already become part of their day-to-day operations. AI-assisted tools summarize servicing calls, automate document review, classify borrower communications, and supp...
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