JPMorgan Chase plans to hire 300 local mortgage officers in the next six months in the New York Tri-state metropolitan area. The new loan officers will serve customers through bank branches in New York, New Jersey and Connecticut, bringing the total number of loan officers in the area to about 700. Chase is holding open house recruiting events on April 20th in Melville, N.Y., Purchase, N.Y., and Iselin, N.J.; on April 21st in Brooklyn and on April 29th in Manhattan.
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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.
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The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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.
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