UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
by Matt Carter May 6
UWM expands its Rocket rivalry into mortgage loan servicing
Long-term agreement with ICE Mortgage Technology will help nation's largest mortgage lender bring $242B loan servicing portfolio in-house, boost repeat business and referrals
by Matt Carter Apr 30
UWM and Google Cloud announce 'strategic' AI mortgage partnership
Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support
by Matt Carter Apr 8
CoreLogic snaps up mortgage technology provider Roostify
The deal is touted as a way to give mortgage lenders critical information about borrowers and properties at the beginning of the loan process to streamline closings
by Matt Carter Feb 22
Mortgage tech provider Gateless looking to ride automation wave
The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week
by Matt Carter Apr 15
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
New log4j cybersecurity flaw has exposed millions of users to hackers
Government officials said the flaw is already being 'widely exploited' by nefarious bad actors, meaning there's a good chance anyone reading this is at risk. Here's what you need to know
by Jim Dalrymple II Dec 14
Microsoft ups cloud capabilities for mortgage lenders
Mortgage365 and Finastra are on board for the launch of Microsoft Cloud for Financial Services
by Matt Carter Nov 2
Roostify offers intelligent doc processing to any lender via API
Roostify Document Intelligence Service builds on strategic partnership with Google Cloud
by Matt Carter Oct 19
Are 15-minute mortgage loan approvals the future?
United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage approval in minutes
by Matt Carter Sep 27
Cloud providers are now big players in the mortgage process
AWS, Google Cloud, and Microsoft Azure have developed proprietary AI and machine learning capabilities that can be customized for lenders
by Matt Carter Jul 27
AI-powered mortgage processing: 27 options besides Google
The tech giant recently rolled out a purpose-built solution for the mortgage industry, but it's entering a rather crowded field
by Matt Carter Apr 28
Google rolls out AI platform for mortgage lenders
Google Cloud introduced Lending DocAI in preview mode last fall with Roostify, a provider of digital mortgage solutions to lenders, on board as a strategic partner
by Matt Carter Apr 21