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Mortgage lenders have invested heavily in various digital tools that improve the consumer experience, but what they really need to focus on is artificial intelligence that will improve data quality.
April 16LoanLogics -
Lower interest rates increased Bank of America's first-quarter residential mortgage volume by 21% over the previous year, while home equity dropped by 25%.
April 16 -
Citigroup's first quarter mortgage-related revenue increased compared with the fourth quarter — although down slightly from the same period last year — as its lending operations continued to contract.
April 15 -
First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase could be an early sign of an improving industry.
April 12 -
Mortgage industry hiring and new job appointments for the week ending April 12.
April 12 -
Multifamily and commercial lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion.
April 11 -
Mortgage rates rose slightly for the second consecutive week, but should remain low for the foreseeable future, which will aid the purchase market, according to Freddie Mac.
April 11 -
The National Mortgage News 2019 Top Producers countdown takes a look at the top 50 loan officers by number of units originated.
April 10 -
Learning to understand the risk rather than adding steps to the mortgage application process is the way to mitigate fraud.
April 10CoreLogic -
Mortgage application volume fell 5.6% from one week earlier as rising interest rates put an end to the recent surge in refinancings, according to the Mortgage Bankers Association.
April 10