AD Mortgage's news survey finds 82% expect AI to transform the industry, and relationship skills will decide who wins in 2027.

As generative and agentic AI gain traction, the possibility of model drift grows, with consequences ranging from poor loan decisions to reputational hits.

More than 80% of lenders are evaluating AI tools across their businesses, yet only 17% have deployed the technology in live production workflows.

Increased use of artificial intelligence led to revenue growth and productivity gains during the second quarter, the bank's leaders said.

The deal has Carrington employing the fintech's AI agents at servicing contact centers to work either autonomously or as assistants to human personnel.

Bipartisan pushback is targeting data centers with calls to eliminate tax breaks and ensure their energy consumption costs do not get passed on to residents.

On Wednesday, Douglas Elliman announced a companywide AI overhaul, saying it will launch a new business, Elius, that aims to turn decades of proprietary real estate data into AI-powered products and market intelligence the company will sell to external customers.

Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday morning that she is working with other regulators around the world to emphasize innovation in the banking sector, including with artificial intelligence.

Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.

Even if subsidized NFIP coverage ends, the technology can find more places where less risk makes insurance feasible, according to insurance and risk platform executives from Aon, Previsico and Lilypad Insurance.

Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.

The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.

ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.

Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.

AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.

Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.

State mortgage regulators are favoring fines over fair, balanced supervision, and need a coordinated overhaul, according to the head of the CHLA.

The deal reinforces PennyMac's AI-focused pivot and will also accelerate development and growth of its proprietary servicing platform, the lender said.

The government said it was responding to a jailbreaking risk that Anthropic says is minimal.