Key insight: Advanced AI in financial services is no longer a question of if, but where. What’s at stake: Deployments abound, but questions of data provenance, resiliency and accuracy still remain. Forward look: Many banks are thinking about or putting in place data warehouses that will help them ease the challenges of implementation and integration. […]
US Bank, CoBank, Rocket share AI use cases at AWS event Read More »
The 30-year fixed rate mortgage gained another 7 basis points this week, Freddie Mac reported, but the point-to-point movements do not tell the whole story. Processing Content Even as the 30-year FRM averaged 6.37% for the period ended May 7, the Freddie Mac Primary Mortgage Market Survey reported, observers noted rates trended lower the last
Mortgage rates rise, but there are signs of moderation ahead Read More »
Better Home & Finance remains squarely in the red, but executives remain adamant the company will hit a long-promised benchmark this year. Processing Content The lender recorded quarterly and annual growth in revenue and originations but still posted a $70 million net loss for the first quarter, it said Thursday. That mark includes a $20.9
Better is deep in the red despite origination, revenue gains Read More »