Another complex loan scenario posted on the Mortgage Grapevine involves a borrower who reportedly has verifiable W-2 income but also big losses on his taxes from his business. The poster said the home is free and clear, but the borrower is seeking a new loan with a loan-to-value ratio under 25%. The borrower is willing to go hard money.
To see more about this scenario, go to
The share of seriously underwater homeowners also grew in 45 states compared to a year ago, with the South Central region most affected, according to Attom.
The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey.
A rule change requiring trial modifications before other loss-mitigation options is creating workflow and liquidity challenges, especially for smaller servicers without deep resources.
Dino Lack will lead Union Home's efforts to improve the lending experience through advanced workflow automation and artificial intelligence integration.
The company turned a GAAP profit of $170.4 million for the quarter, with its volume and margins relatively flat compared with the fourth quarter of 2025.
In addition to 10 new AI agents for financial services, the company announced partnerships with software and data providers FIS, Microsoft, Verisk, Third Bridge, Fiscal AI, D&B, Experian, GLG, Guidepoint and IBISWorld.
