Allegiant Reverse Services founder reflects on 10 years of growth

Allegiant Reverse Services is celebrating its 10th anniversary in the reverse mortgage industry. Founded during a period of market uncertainty, the company has expanded its title and settlement operations to serve clients in 48 states, completed 130,000-plus reverse mortgage transactions and built a tenured, high-retention workforce. As the reverse mortgage industry continues to evolve through […]

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Jonathan Kolodziej

A surge of AI-generated lawsuits is causing servicers pain

Artificial intelligence may be ushering in welcome changes to the mortgage industry, but for servicers in particular, it’s also fueling a more troubling trend: a rush of borrower lawsuits filed with the help of AI tools like ChatGPT. Processing Content In a trend appearing with greater frequency throughout corporate law, mortgage servicers find themselves confronting

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