Tagged: Artificial Intelligence

LenDb.ai is making LO records available to AI assistants, offering a potential new way for borrowers to find originators

The wholesale lender reverses a $452 million quarterly loss as Ishbia targets $2.1 billion in annual expenses for 2027, even with production and margins under pressure

Servicing kept the lender profitable in the third quarter as production volume plunged and management accelerated a $160 million cost-reduction plan

The deal builds on a series of automation initiatives as the tech provider moves toward AI agents capable of executing tasks throughout the loan lifecycle

The new capability adds more than 350 automated checks as lenders prepare for the November 2 mandate

New CTO, CFO, and general counsel appointments follow a CEO transition and coincide with an integration designed to streamline loan-sale processing

MISMO’s new identity highlights a broader role in AI governance, regulatory compliance, and solving the operational problems lenders share

Garg proposes human engagement as a fallback and production costs below $1,000 per mortgage, while blaming the board fight for lost momentum

The six-capability suite combines eligibility checks, guideline answers, and underwriting follow-up inside nCino’s point of sale

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders