Better’s Tinman platform brings conversational AI to mortgage underwriting
The FHFA ordered the GSEs to drop the AI provider after a dispute over usage restrictions
Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
After four consecutive quarters of declines, Motto Mortgage had 225 open offices at the end of 2024, down 8% from last year's peak of 246 on slower franchise sales and terminations
More lenders can access Truv's income and employment verification services following recent integrations with Dark Matter Technologies' Empower platform, Freddie Mac and nCino
Borrowers with limited English proficiency are said to be more likely to make it through the complex application process, enabling lenders to close loans faster and boost loan officer production.
While regular mortgage applications can take up to 30 days to complete, RealKey claims to cut this time by 66 percent with an "all-in-one" lending solution.
Mortgage loan management software used by majority of nation’s lenders