The residential primary servicer ratings of American Home Mortgage Servicing Inc. for prime, alternative-A, and home equity/home equity lines of credit products have been upgraded from RPS3 to RPS3-plus by Fitch Ratings.Fitch attributed the upgrades to operational and technological improvements to the company's servicing platform. As of June 30, AHMS serviced nearly 208,000 loans with an unpaid principal balance of over $43.5 billion, the rating agency said. AHMS is a subsidiary of American Home Mortgage Investment Corp., a real estate investment trust based in Melville, N.Y. Fitch can be found online at http://www.fitchratings.com.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
September 9 -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
September 9 -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
September 9 -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -








