Tagged: underwriting

The agency says proprietary and machine-learning models do not relieve lenders of their fair lending and disclosure responsibilities

After a four-month preview involving more than 25,500 loans, the company's Autopilot platform is now commercially available for mortgage pre-underwriting

To responsibly expand credit access and streamline the lending journey, the mortgage industry must look beyond the traditional credit file and embrace a multi-dimensional view of the consumer

Digital pay stub tools are gaining traction among self-employed workers, but mortgage lenders continue relying on automated verification and multiple data sources to validate borrower income

New division is designed to streamline operations, improve collaboration, and support the company's continued growth

Document extraction and faster processing can improve efficiency, but the real opportunity for AI in Non-QM lending lies in reconciling fragmented borrower data and creating defensible credit decisions before underwriting begins

Startup's AI assistant, Penny, aims to automate document collection, borrower follow-up, and file review before loans reach underwriting

New capabilities analyze property eligibility requirements before files reach underwriting

Correspondent sellers will receive complimentary access to Guideline Guru's platform, allowing real-time searches of eRESI underwriting guidelines and instant AI-generated answers

Integration brings AI-powered pre-underwriting platform into MeridianLink's loan origination system