More than 1,100 mortgage lenders have enabled the alternative score, but TransUnion tells NMP that “adoption” includes uses beyond loan originations
Tagged: loan originators (LOs)
The startup emerged from stealth with $5.1 million after acquiring Hightide Mortgage, and growing from eight to roughly 40 LOs, betting AI can change the economics of the brokerage model
New co-branded home equity product puts HELOC financing at the point of sale as lenders compete for homeowners’ equity
MedPro Mortgage+ offers eligible healthcare professionals up to 100% financing without PMI as lenders expand specialty options beyond physicians
The institutional-investor cap may grab headlines, but permitting, construction costs, and local building activity will have a much bigger say in how much inventory originators have to finance
ChatUWM replaces the lender’s InTouch mobile app, letting brokers ask about expiring locks, loan updates, guidelines, and other pipeline information by voice
The mortgage technology provider says AI-assisted configuration can get prospective customers much of the way through setup before they sign
Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits
ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider
The first installment of NMP’s retirement-lending webinar series showed originators how financial and lifestyle cues can uncover needs that product-first conversations miss