Author name: Ricky Vasquez

Newrez has launched Rezi Mortgage Assistant, a consumer-facing custom GPT inside ChatGPT that delivers mortgage and home equity guidance grounded in the lender’s own underwriting guidelines and products, the company announced Wednesday. The Pennsylvania-based mortgage lender said Rezi Mortgage Assistant makes Newrez the first top 10 mortgage originator to deploy a branded, AI-powered mortgage guide […]

Artificial intelligence is reshaping nearly every corner of the mortgage business at United Wholesale Mortgage (UWM), where chief technology officer Jason Bressler said the company is betting on AI agents to automate underwriting support and servicing operations at a massive scale. Speaking with HousingWire at the UWM Live! event in Detroit, Bressler said the company’s

May continues to be a more volatile month than the bulk of April when it comes to day over day mortgage rate movement. While the average day has seen that volatility play out in favor of higher rates, today was thankfully the opposite.  Yesterday’s latest levels left the average lender at 6 week highs with