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Others in the mortgage industry have been known to take a page from the company’s innovative digital strategies, but using Truebill’s tech as a countercyclical strategy for recurring revenue and lead generation may be too pricey for most lenders to imitate.
July 19
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The outspoken former Trump administration official recently made headlines when he referred to the mortgage industry as a “ticking time bomb.”
July 11
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The company’s introduction of other strategic initiatives, including a new technology partnership, will lead to the elimination of 17% of current staff.
July 11
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Agencies supervising lenders should make it clear that the transition to less discriminatory algorithms won’t be used to punish banks for their previous use of older, less effective systems.
July 1
Zest AI -
Ashley D. Bell and Bernice A. King, respectively the CEO and advisory council chair of Ready Life, are teaming up to help folks with poor credit buy a home by using rent payment history for mortgage underwriting.
June 29
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The move builds on the government-sponsored enterprise’s previous program that facilitated the collection of more rent payment records from tenants who work with its multifamily borrowers.
June 29
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The conflicting analyses of automated valuation models highlight a challenge lenders could face in deciding whether to use them to determine racial disparities in home evaluations.
June 21
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While compliance specialists will be in demand, loan producers will see their roles change to encompass responsibilities that include more marketing and client development.
June 21
