Every conference I go to right now has the same conversation happening in every room. AI is going to transform the mortgage industry. AI is going to eliminate jobs. AI is going to make everything faster, cheaper, smarter. And maybe all of that is true, eventually. But I keep sitting in those sessions thinking we […]
Mortgage AI Adoption Depends on Operations, Not Tools Read More »
As a wave of mergers and acquisitions (M&A) continues to impact the broader mortgage space, today’s deal activity in the reverse mortgage sector is less about splashy headlines and more about structural pressure building across the industry, according to Michael K. McCully, a partner at New View Advisors. As McCully puts it, “there are two
New View Advisors’ Michael McCully on reverse mortgage M&A Read More »
Mortgage lenders and brokers are navigating an affordability-constrained market in which a borrower’s qualifying score can determine not only eligibility but also pricing, cash-to-close and purchasing power. UWM moved quickly to introduce VantageScore 4.0 through a new pilot, giving independent mortgage brokers an additional option for evaluating eligible borrowers. Desmond P. Smith, UWM’s chief growth
VantageScore 4.0 Expands Wholesale Lending Eligibility Read More »