Mortgage brokers

The real estate company's latest move leverages artificial intelligence to optimize and simplify the entire home-buying journey for consumers.

Artificial intelligence makes it easy to customize messages and look at loan options but it can present problems if guidelines are overlooked.

Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.

The president of the National Association of Mortgage Brokers shares her outlook for the trigger lead bill, secondary-market refinancing restrictions and more.

The new threshold comes months ahead of the Federal Housing Finance Agency's formal announcement.

The lender claims it's been the first player in the industry to raise the threshold for three years in a row.

Realpha, which currently does business in 20 Florida counties using its AI agent, is buying Be My Neighbor, a mortgage broker active in 26 states.

The scam involves unlicensed lenders offering phony warehouse lines of credit that have led to monetary losses in the thousands and the compromise of confidential borrower information.

Sluggish gain-on-sale margins however were the result of competitive pricing in the market, the company said.

United Wholesale Mortgage has introduced a product dubbed Govy125, a 125 basis points incentive on any note rate for VA IRRRLS and non-credit qualifying FHA streamlines.