Mortgage applications decreased 1.5% from one week earlier as rates rose above 7%, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Sept. 18. The trade group confirmed that last week’s results included an adjustment for the Labor Day holiday. On an unadjusted basis, the index increased […]
As rates push past 7%, mortgage applications slip again Read More »
Home equity investment products are under more fire as consumers have filed yet another class action lawsuit against one of the space’s biggest players. Processing Content Five plaintiffs sued Unison in a North Carolina federal court last week over the company’s allegedly deceptive agreements. The accusations follow other class action complaints against Unison and its
Consumers fuel HEI scrutiny with yet another class action suit Read More »
As the spring and summer homebuying seasons come to a close, companies in the mortgage industry are increasingly turning to artificial intelligence to improve workflows and cut costs. Processing Content Twenty companies displayed their unique uses of AI to automate the loan lifecycle at the Digital Mortgage tech showcase last week, while Attom, Optimal Blue
AI deal roundup: 12+ partnerships lenders must track Read More »