Tagged: mortgage technologies

Integration gives originators an earlier qualifying-income calculation for wage earners with variable pay

Expanded integration combines payroll and bank-account data, giving originators earlier visibility into income, assets, and potential qualification issues

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

Institutional capital is fueling Non-QM’s growth, but stronger data integrity and auditable underwriting will determine which lenders endure

Salvatore Piccola will lead product strategy, while Gil Valera will oversee technology implementation and customer adoption

New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system

Former CEO targets zero monthly cash burn through higher mortgage volume, AI-driven operating changes, and $2 million in monthly savings

Consumer interest is growing, but concerns about durability, appraisals, code compliance, and resale value could complicate financing

The company is pitching enterprise-style AI that individual originators and smaller mortgage businesses can deploy without engineers

Former Intuit executive succeeds interim CEO Varun Krishna as Rocket pushes deeper integration across home search, brokerage, mortgage, closing, and servicing