Lenders are being sold AI from every direction. It's in their vendors' platforms, their LOs' phones, and the loans they sell ...
MeridianLink has put its AI-powered document processing tool to work at three lenders, moving beyond its initial product announcement and into live loan workflows ahead of a broader rollout later this ...
Mortgage brokers considering a move into non-delegated correspondent lending shouldn't count on a windfall from better ...
Czarinna Andres leads editorial coverage for NMP, focusing on the trends, policies, and business strategies shaping today’s ...
Appraisal fees are rising as the industry transitions to the new Uniform Appraisal Dataset (UAD) 3.6, but early production ...
The Mortgage Bankers Association has promoted five employees to associate vice president, expanding their responsibilities ...
An automated valuation model that performs well in purchase-loan testing may deliver different results on home equity and ...
Conventional mortgage lenders tightened credit standards in September, pulling back on certain cash-out refinance and investor loan programs even as non-agency lending continued to expand.The ...
United Wholesale Mortgage is removing its minimum credit score overlays on agency loans, effective immediately, while ...
Mortgage technology company Vesta has raised $30 million in Series B funding, with three of its lender customers — Pennymac, New American Funding, and nbkc bank — participating in the round as the ...
For years, the mortgage industry has spent a lot of money on spotting borrower fraud at the start of the loan process. But ...
Equifax and TransUnion are introducing new ways for lenders to buy credit reports and scores separately, targeting rising origination expenses as the industry moves toward more choice in ...
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