Vertical AI workflow and analytics platform Ocrolus announced on Thursday that it has integrated with Freddie Mac’s AIM Check application programming interface, giving lenders an earlier assessment of borrower income during the mortgage origination process. The integration allows lenders using Ocrolus Analyze to submit borrower income data extracted from documents such as W-2s and pay […]
Ocrolus integrates with Freddie Mac AIM Check Read More »
You may have seen other headlines today that reference 30yr fixed rates of 6.76%. Those stories would be citing Freddie Mac’s weekly rate survey which is an average of the 5 business days (4 in this case, due to the holiday) ending yesterday (September 9th). Because of that methodology, the number lags reality. Today alone,
30yr Fixed Rates Jump to 7.07% Read More »
The annual large independent mortgage banker race to raise their internal conforming loan limit ahead of the formal announcement in November has begun. Processing Content These firms, a group which includes both publicly traded and private companies, have the financial wherewithal that their smaller sized brethren don’t, by being able to put these loans on
Rocket starts higher conforming limit marketing push Read More »