Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs). Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Prudent AI’s system reviews key borrower data such as income, credit and assets […]
Prudent AI debuts non-QM underwriting tool Read More »
Following its vow to appeal the initial decision in a case brought against Ginnie Mae over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender, filings by Texas Capital Bank (TCB) have been docketed and assigned a case number in the Fifth Circuit Court of Appeals. The suit will begin
TCB’s appeal against Ginnie Mae over reverse-backed collateral will proceed Read More »
Coldwell Banker Premier has expanded into Florida through a merger with Coldwell Banker Envision Real Estate, marking the firm’s first office in the state. The company will now offer its full suite of services — including listing programs, marketing tools, and property and association management — to agents and clients. “We have been impressed with
Coldwell Banker Premier enters Florida market through merger Read More »