MBA White Paper Advocates for a Unified AI Framework in Mortgage Lending
The Mortgage Bankers Association calls for a cohesive AI management framework as lenders enhance origination, servicing, and customer engagement with technology.
CoStar Files Amicus Brief Against Zillow Regarding MRED Feed Issues
CoStar opposes Zillow's injunction, claiming that its data requests threaten MLS competition and could disrupt market dynamics for private lenders.
Figure Strengthens First-Lien Position with $717 Million Kiavi Acquisition
Figure Technology Solutions is set to acquire Kiavi for $717 million, enhancing its presence in residential investor loans and the first-lien market.
New York Listings Bill Challenges Compass’s Position
New York Assembly passes a listings bill mandating concurrent public marketing or a signed opt-out, imposing fines up to $5,000 for non-compliance.
James Harris Prioritizes Quality to Achieve Top Ranking in RealTrends Verified
James Harris attributes 83 sides and $938 million in volume to a lean team culture, emphasizing retention and weekly deal reviews for optimal performance.
Bringas Home Team Partners with simpliHŌM for Southern California Expansion
Explore the success of The Bringas Home Team, achieving over 450 home sales and notable 30% year-over-year growth, highlighting key industry trends for lenders.
Rocket Companies Increases Bond Offering to $1.5 Billion
Rocket Companies has successfully priced $1.5 billion in senior notes in a strong demand transaction, aiming to refinance its existing term loan obligations.
NRMLA Aims to Reduce HECM Insurance Premiums and Minimize Second Appraisals
Private lenders received vital insights on regulatory and legislative updates from leaders at the National Reverse Mortgage Lenders Association during a recent meeting.
Inflation rises to 4.2%, Fed expected to maintain current interest rates.
May's CPI increase of 4.2% y/y, driven largely by energy costs, highlights ongoing inflation trends, with core inflation also showing upward movement.
Essential AI Framework for Mortgage Lenders Prior to Launching Operations
Explore how mortgage lenders can leverage AI within a robust governance framework to enhance compliance, risk management, and operational efficiency in a regulated environment.