Lower building in-house mortgage tech with Neat Labs acquisition
Lower will integrate Neat Labs' technology into its own cloud-based originations platform and onboard co-founder Steve Herschleb as chief technology officer, executives announced Tuesday
by Matt Carter Jan 8
Nation's biggest mortgage lender, UWM, jumping on AI bandwagon
Although it doesn't work directly with consumers, this year UWM has rolled out AI tools to help mortgage brokers serve both homebuyers and homeowners who might benefit from refinancing
by Matt Carter Oct 2
Figure now using OpenAI's GPT to speed HELOC doc review process
When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review to save $8M while raising customer satisfaction scores
by Matt Carter Sep 30
Sonar by Simplist blends AI to flatten mortgage operations
Sonar can be white-labeled for companies wanting to deliver their own solution to the market and can help smaller firms deliver a competitive software solution to tech-forward consumers
by Craig C. Rowe Sep 27
Bank launches Spanish website in wake of redlining settlement
Washington Trust denied allegations leveled by the Justice Department last fall, but agreed to invest at least $9M to improve access to mortgage credit in minority neighborhoods
by Matt Carter May 30
An image of hands on a laptop keyboard with a digital overlay to represent AI for brokerage operations.
Mortgage lenders using AskMax no longer need to be database engineers. They can ask for — and receive — business intelligence in plain English from Maxwell Business Intelligence
by Matt Carter Apr 24
MyCUmortgage signed 13 credit unions as new clients in 2023
With the addition of new partners serving 713,865 members, myCUmortgage says it's now helping nearly 200 credit unions originate, underwrite and service mortgage loans
by Matt Carter Jan 9
Developer accused of marketing in Spanish, closing in English
Colony Ridge, the developer of more than 40,000 lots northeast of Houston, says its clients have no opportunity to get a loan from anyone else and dismisses federal lawsuit as baseless
by Matt Carter Dec 22
Damn the torpedoes! Maxwell full speed ahead on acquisitions
The Denver-based mortgage tech provider is open to more deals after acquiring LenderSelect and Revvin and becoming a one-stop shop for more local lenders during a cyclical market downturn
by Matt Carter Sep 27
The ultimate guide to Inman Connect Las Vegas 2023
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
by Marian McPherson Aug 8
Maxwell's LenderSelect deal grows footprint with community banks
Acquisition of LenderSelect Mortgage Group from Blue Ridge Bankshares will also enable 'significant expansion' of secondary market trading platform, Maxwell Capital
by Matt Carter May 16
In a first, Rocket Mortgage powers mortgages for a community bank
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
by Matt Carter Jan 31
DFCU Financial to offer mortgages to buyers on Florida's Gulf Coast
Michigan-based credit union expands into Florida by closing merger with Tampa-based First Citrus Bank. Full product and service integration is expected by mid-2023
by Matt Carter Jan 3
Black Knight signs another credit union as Empower client
San Diego-based BluPeak is the 9th credit union Black Knight has signed to use its mortgage loan origination system in the last 12 months
by Matt Carter Nov 9
First Community Mortgage announces 'major' expansion
FCM lures talent from PrimeLending and invests in technology and diversity to fuel growth as mortgage rates force many lenders to downsize
by Matt Carter Oct 20