It was a fairly uneventful day for mortgage rates to start the new week. The underlying bond market was slightly stronger. This suggests slightly lower interest rates. The average mortgage lender lowered top-tier 30yr fixed rates by 0.01% compared to Friday.  Underlying motivation for the bond market can mostly be attributed to lower oil prices, […]

The next wave of technology solutions for lenders is using artificial intelligence to significantly speed up workflows and supercharge loan officers’ capacities.  Twenty mortgage companies vying for a $10,000 grand prize last week at the Digital Mortgage tech showcase highlighted their unique uses of AI to automate the loan lifecycle and promote newer and faster

Proprietary score data that influential government-related mortgage buyers recently revealed could give housing finance firms an edge in predicting loan performance, Bank of America researchers concluded in a new study. Processing Content “We think the providing of the agency score is a timely, robust addition to credit modeling, offering a consistent alternative,” Jeana Curro, Chris