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The investment company also named executives to lead its operations, finance, strategy, artificial intelligence and other corporate functions
The wholesale lender is giving brokers more options for projects outside standard agency guidelines and a faster way to identify potential loan products
New population-testing technology applies lender-defined rules across selected origination and servicing records, then directs flagged files to human reviewers
Four OriginatorTech demonstrations showed how vendors are applying AI and automation to content, database outreach, and loan operations
The wholesale and correspondent lender plans to move six underwriting automation products into production within three months
New lender portal centralizes lead assignment, preliminary qualification, and follow-up before applications enter underwriting
Wholesale lender lands between the industry’s $845,000 benchmark and Pennymac’s $850,000 ceiling
Single-family construction rebounded in August, but falling permits, fewer completions, and widespread builder incentives point to a tougher fight for the purchase loans those homes eventually produce
Des Moines and Raleigh lead Realtor.com’s metro rankings as housing supply and borrower purchasing power increasingly divide local markets