The CRM deal advances plans for a single originator command center, connecting product eligibility and pricing with borrower engagement while preserving lenders’ choice of providers
Tagged: Automation
The AI-powered LOS provider secures new funding after Pennymac reported a 25% reduction in operational origination costs, with plans to expand the technology into its broker-direct channel
New population-testing technology applies lender-defined rules across selected origination and servicing records, then directs flagged files to human reviewers
The wholesale and correspondent lender plans to move six underwriting automation products into production within three months
Celligence says the debt financing will support a broader rollout of technology it claims can reduce internal mortgage manufacturing costs to less than $125 per loan
The industry’s next gains will come not from chasing more tools, but from redesigning workflows, demanding measurable results from AI, and bringing greater certainty to collateral
AI can automate routine mortgage tasks, but loan officers who use that time to strengthen trust, communication, and client relationships may become more valuable
The loan officers gaining an edge today are using AI to cut research time, sharpen borrower conversations, and master new programs in minutes instead of weeks
Why mortgage lenders will gain more value from specialized AI assistants solving specific operational bottlenecks than from chasing a single all-encompassing AI platform transformation
With Claude Cowork, LOs can convert everyday Facebook conversations into a consistent pipeline of opportunities