Fiserv Lending Solutions has announced that Albuquerque, N.M.-based Charter Mortgage has selected Fiserv's UniFi PRO Mortgage eX loan origination software system to extend its relationship with Fiserv and embrace the electronic mortgage.Lyle Greenberg, Charter's vice president of mortgage operations, said the company found itself needing to take better advantage of modern technology, especially in the areas of databases, the Internet, and integration with other systems and services. Charter Mortgage is New Mexico's largest mortgage company and is the only company originating and servicing residential and commercial mortgages in the state.
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Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.
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Fannie Mae and Freddie Mac's support for the market lessened the impact, as could bank capital reform, and the company's normalized results outperformed.
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Even as they continue to press for additional changes, banks get some wins from the revised Basel capital framework and a ballpark estimate of their capital outlook for the next few years.
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More than three-quarters of brokers are using popular AI platforms, but application of lender-specific software lags considerably, according to AD Mortgage.
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UWM Holdings is now bidding 70 cents more per share than CrossCountry for Two Harbors, with an all-cash option as an alternative to its all-stock proposal.
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Refinances drove growth of last year's lending activity, with both the volume share and average loan size coming in noticeably higher, according to IEmergent.
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