Using AI and rules engine, PerfectLO assists borrowers in completion of the loan application and then builds a smart checklist for them. Secondary and tertiary level questions that do not live on a 1003 are presented to borrowers through a ...
Read More »Britain’s Barclays Returning to U.S. Mortgage-Backed Securities Market
A decade after bonds tied to U.S. home loans contributed to the financial crisis, British investment bank and financial services company Barclays is returning to the residential mortgage-backed securities market, Reuters reports. Many banks retreated from selling and trading portions ...
Read More »How Is Debt Impacting Owning a Home?
Younger Americans are carrying the most debt, and the barriers to homeownership vary across the generations. Click here to learn insights from a recent survey.
Read More »JPMorgan’s Jamie Dimon on Wells Fargo’s CEO Search
With Wells Fargo continuing to search for its next CEO, find out what prompted Dimon to criticize the bank's succession plan.
Read More »Update in Case Regarding Alleged Price-Rigging of GSE Bonds
A new report claims that lawyers accusing several Wall Street banks of rigging the price of Fannie Mae and Freddie Mac bonds have a "cooperator" who is providing “smoking gun evidence.”
Read More »Tornadoes Destroy Homes, Communities in Ohio
According to a recent report, some of Ohio’s largest metros are among the most tornado-prone areas in the nation. Here are the details of the storms that swept the region over the holiday weekend.
Read More »General Population Trails Servicemembers in Financial Well Being
The difference between servicemembers and the general populations was slim, but a large gap was reported of those who scored at the lowest levels.
Read More »New Digital Lending Platform Released by Ellie Mae
The latest release will help lenders of all sizes originate more loans across a wider variety of loan types, and capitalize on the growing HELOC demand.
Read More »Partnership Aims to Improve Technology in Mortgage Industry
The integration would improve the speed and accuracy when receiving quotes.
Read More »$19.1B Disaster Relief Bill Stalls in House
The bill, which would have provided aid to numerous areas recovering from natural disasters, fell short of approval by a single vote.
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