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Cenlar’s Leslie Peeler on ‘disruptive AI’ for mortgage servicing

Artificial intelligence may be known for its speed, but in mortgage servicing, the real opportunity is in reshaping decades-long relationships with homeowners, according to Leslie Peeler, executive vice president and chief operating officer at Cenlar FSB. Speaking at HousingWire’s AI Summit on Tuesday, Peeler told the audience how her time at IBM shaped her view […]

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Fed’s nearly empty reverse repo facility puts focus on reserves

Funds parked at a major Federal Reserve facility dropped to the lowest level in more than four years, putting in focus the amount of cash banks have sitting at the US central bank, a measure of liquidity conditions. Some 14 participants on Thursday put a combined $28.8 billion at the Fed’s overnight reverse repurchase agreement

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