Mortgage lenders top banks, credit unions in tech adoption

Mortgage lenders are keeping pace with, and in some cases surpassing, banks and credit unions when integrating new technologies. Enlisting outside expertise can be a deciding factor in how successful these efforts are. National Mortgage News’ Emerging Technology and Artificial Intelligence report surveyed 128 professionals across the banking, credit union and mortgage industries on the […]

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mortgage payment

Auto loans pass mortgages on payment hierarchy

Adobe Stock Mortgages no longer sit atop the payment hierarchy, as distressed consumers are 19% more likely to pay their auto loans first, according to FICO’s inaugural Score Credit Insights report released Tuesday. Mortgages had previously held the top spot from 2020-22.  For consumers with open auto loans and mortgages, the 90-plus-day delinquency rate from

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