Mortgage Services III LLC, Bloomington, Ill., is expanding into the Greater Milwaukee area through its acquisition of Complete Mortgage Inc., of Sussex, Wis. The newly acquired team will be located in an office in Waukesha, Wis. Mark Young, president and chief executive of MSI, said that Complete Mortgage has been a valued wholesale lending partner of his company for years. MSI has offices in Oakbrook Terrace, Ill., Urbandale, Iowa, Warrenville, Ill., and St. Charles, Ill., plus two downtown Chicago locations. It is a subsidiary of First State Bank, Mendota, Ill.
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In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
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The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
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New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
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Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
September 21 -
ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
September 21 -
The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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