Mortgage technology

The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.

Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.

Four conceptual applications were chosen that address pain points in single and multifamily housing.

In considering the purchase of new digital mortgage tools, look at technology through the eyes of borrowers and how it can help ease their anxiety, originators say.

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

Not every audit will save a dollar, but paying for check-ups will stem further expenses, industry veterans say.

The tool will streamline the LOs search for company mortgage offerings, guidelines and product-related questions, Guild said.

Issues or errors in closing-protection letters appeared in over 45% of loans, a record-high share, according to Fundingshield.

Iannitti co-founded the document company in 1987 and later took a leading role in promoting eMortgage process adoption.

The Department of Housing and Urban Development and the Nationwide Multistate Licensing System also reportedly had disruptions.

Gow's addition is the latest major leadership development at the firm, which also named a new chairman and CEO this year but saw the recent departure of its chief technology officer.

The final rule governing the use of automated valuation models for home assessments is substantially similar to the initial proposal made last June.

A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.

The head of servicing for Rithm's Newrez subsidiary talks about how the market has changed, the SLS acquisition, and technological innovation.

Efficiencies drive greater mortgage interest in careful use of artificial intelligence for marketing and research compared to others in financial services.

Mortgage content creators on TikTok use their social media platforms as a long-term investment into client loyalty while educating consumers nationwide.

In the three years since the Surfside condo collapse, Fannie Mae and Freddie Mac have made policy changes intended to address safety concerns.

Investors laying claim to 19.3% of Voxtur Analytics common stock had attempted to add new nominees, but instead the company affirmed a downsized board.

Better's new COO Chad Smith, a seasoned veteran in home lending, discusses the strategies of the savviest mortgage professionals operating today and how his company is evolving in an unpredictable market.