Mortgage technology

UWM rolls out two AI-powered tools to give brokers edge

United Wholesale Mortgage announced the rollout of two artificial intelligence-powered tools designed to give mortgage brokers an added edge in competing for and retaining borrower business. One of the tools is an AI-powered voice bot named Mia, which acts as a personal assistant for brokers. The other tool, called LEO, helps brokers present more competitive […]

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Servicers: Fannie Mae replatforming some workout functions

Fannie Mae has announced plans to discontinue use of a platform used to handle certain distressed mortgage processes and is directing mortgage professionals using it to take certain steps in response. Servicers must leave the HomeSaver Solutions Network, which is utilized for loan workout reporting functions, and transition to a broader platform Fannie provides to

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Dark Matter confirms layoffs as it right-sizes

Dark Matter executives confirmed the company has undergone a reduction in force, as the company sets its next phase in motion. As a standalone company, Dark Matter has only existed for about 20 months. On Sept. 15, 2023, what had been the Black Knight origination technology business, primarily its Empower loan origination system, was sold

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