The pandemic wrought financial havoc across the economy, but its impact on the housing market was significantly reduced due to a whole-of-government response that enabled millions of families to stay in their homes. The rapid deployment of forbearance, the ability to pause mortgage payments and a slew of new options to modify distressed mortgages provided […]
Housing Downturn Risk Grows for Mortgage Servicers Read More »
Artificial intelligence has introduced hundreds of tools to the mortgage industry, but many lenders are still struggling with rising costs, fragmented workflows and inconsistent productivity. According to Siddhartha Agarwal, CEO of JazzX AI, the next phase of AI adoption isn’t about adding another application. It’s about creating an intelligence layer that works across existing mortgage
Enterprise AI Mortgage Operations Shift from Automation to Intelligence Read More »
A Florida resident is challenging appraisal fees in a new class action lawsuit against a major lender and an appraisal management company. Processing Content Clayton Bernholtz sued CrossCountry Mortgage and Class Valuation last month for unjust enrichment, in a state filing the AMC removed to a federal court last week. The 16-page complaint argues that
CrossCountry Mortgage sued over inflated appraisal fees Read More »