June 2026

Submit-to-close Decline Signals Mortgage Process Inefficiency

There is an ongoing debate in mortgage lending about whether the industry is fundamentally broken or simply experiencing another cycle of technological evolution. Over the past decade, lenders have invested heavily in automation, OCR, verification services, title integrations and income validation tools. Artificial intelligence is now emerging as the next expected leap in efficiency. Yet […]

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Clawbacks return as lenders sue LOs to return large bonuses

Mortgage lenders are suing their former loan officers to recoup five- and six-figure sign-on bonuses. Processing Content AnnieMac has filed clawback lawsuits against two former originators for $75,000 and $500,000, according to new case filings in federal court. CrossCountry Mortgage meanwhile is seeking to enforce an arbitration award of $120,000 against an ex-LO in a

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Realtor.com adds Agoyu AI to generate quotes for movers

Realtor.com has integrated Agoyu’s AI-driven moving quote platform into select rental and for-sale listings, giving consumers access to instant estimates from vetted movers without an in-home visit, the companies announced on Monday. Within their home-search experience on Realtor.com, users can now record a short video of their belongings. Agoyu’s patented AI technology identifies items in

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