Automation adoption is up, but cost per loan isn’t coming down. Here’s why hidden work, rechecking, and black-box AI are holding lenders back, and what actually changes the math
Jay Promisco assumes the CEO role at Go Companies, tasked with modernizing mortgage origination through automation, AI, and scalable, originator-focused growth
Why integrating existing tech is the key to faster, cheaper closings
NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’
Be wary of new systems that rely on basic consumer-focused AI systems
New AI integration shaves off more than 180 minutes from each valuation report, enabling appraisers to double daily output, Aivre contends
Addressing broker needs by simplifying the underwriting process for Non-QM loans
Company says it’ll spend 7x Super Bowl ad’s cost to sell ‘owning the American Dream’
After Flagstar onboarding last year, Mr. Cooper reports 4Q net income of $204M
Borrowers could be qualified ‘in minutes,’ and large staffs made redundant by AI, mortgage exec says