Pennymac Financial Services Inc. announced on Monday that it has taken a long-term minority equity stake in Vesta Innovations Inc. as part of an effort to modernize the mortgage process. The investment is part of a partnership between the two companies, also announced on Monday, which aims to streamline mortgage applications and enhance the customer […]
Pennymac announces equity stake, partnership with Vesta Read More »
In 2024, a study by title production software company Qualia found that the vast majority of title professionals use artificial intelligence. Over the past year, Qualia put that finding to good use, as it announced on Monday the launch of its agentic AI tool Qualia Clear. According to Qualia, the technology turns its title production
Qualia launches agentic AI tool to streamline the title process Read More »
For decades, the mortgage industry trained us to believe our job as loan officers was clear and defined. A family or individual decided to buy a home, they came to us, and we stepped in to help them finance it. The process was straightforward: get them pre-approved, explain the numbers, shepherd the loan through closing
The loan officer’s job is gone, but the Mortgage Advisor’s job is here to stay Read More »