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Waterstone Mortgage taps Friday Harbor for AI underwriting

Friday Harbor, an AI-powered mortgage origination platform, said Wednesday that national retail lender Waterstone Mortgage has implemented its pre-underwriting technology to improve loan file quality and expand underwriting capacity across the company’s nationwide retail channel. Waterstone Mortgage, which said it has more than 200 loan officers operating in 48 states, deployed Friday Harbor’s platform to

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Rates Ease Despite Conflicting Iran War Headlines

The past 24 hours have seen multiple news stories with seemingly contradictory updates regarding the state of the Iran war. There’s a ceasefire. There’s no ceasefire. There’s negotiation. There’s no negotiation, etc. As far as the rate market is concerned, the most important development has been the general appearance of a shift toward diplomacy and

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