If affordability has been the biggest thing standing between you and a home, there’s a little good news. Asking prices have started to come down. The typical seller listed their house for a median of $429,500 in May. That’s 2.4% lower than a year ago, according to Realtor.com. On its own, that won’t transform what […]
Lower Asking Prices Are a Win for Today’s Buyers Read More »
Every technology adoption cycle reaches a point where the question shifts from “should we?” to “how fast can we?” In mortgage lending, AI has reached that moment. Lenders are deploying AI tools for document processing, income analysis, borrower communication and, increasingly, credit decisioning. The productivity gains are real, the efficiency improvements are measurable and the
Responsible AI Framework Every Mortgage Lender Needs Read More »
As mortgage originators navigate one of the tightest margin environments in a generation, the pressure to slash operational costs has reached a fever pitch. In response, a polarizing debate has emerged across the industry: Can lenders safely cut corners on credit data to achieve short-term line-item savings? While comparing a 30-year home loan to a
The Single-bureau Blind Spot: Is Your Portfolio at Risk? Read More »