Touting itself as only the second vendor to do so, Data-Vision Inc. has announced the creation of a new interface with Freddie Mac's Loan Prospector to create integrated automated underwriting for consumer-facing mortgage websites.The solution is being offered on an application-service-provider basis to Data-Vision's 200 lender customers. The Mishawaka, Ind.-based company said lenders using its LoanQuoter.com can let consumers know in seconds whether their mortgage loan is approved before entering borrower data into the lender's loan origination system. Data-Vision can be found on the Web at http://www.d-vision.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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