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Newfi Lending has integrated Prudent AI’s income analysis engine into its broker portal, giving brokers near real-time calculations for non-QM loans and cutting bank-statement turn times from roughly 72 hours to as little as three, the companies announced Wednesday. The new IncomeIQ portal, built on Prudent AI’s technology, delivers institutional-grade income analysis directly to mortgage […]

The country’s largest reverse mortgage brokerages based on February activity continued to set the pace in March across the Home Equity Conversion Mortgage (HECM) space, according to endorsement data released Thursday by Reverse Market Insight (RMI) and published by HECMWorld.com. The top five brokerages by HECM endorsement count were unchanged during the year ending in

Two federal lawmakers are urging Federal Trade Commission (FTC) Chairman Andrew Ferguson to investigate the referral practices of online real estate platforms.  In a letter sent to Chairman Ferguson last Friday, Representatives Jennifer McClellan and Donald Beyer, both Democrats from Virginia, claimed that “certain deceptive or insufficiently transparent internet advertising and solicitation practices may be