PLACE is expanding its reach into borrower retention with the acquisition of Ardley, an AI-powered technology provider that helps lenders turn existing customer relationships into new loan opportunities. The deal, announced Thursday, adds portfolio intell... See more
The Federal Housing Finance Agency has not established the 2027 conforming loan limits. That has not stopped more than 50 parent lenders from financing loans under anticipated limits as high as $850,000. What began in September with Rocket Mortgage raisin... See more
Equifax and TransUnion are introducing new ways for lenders to buy credit reports and scores separately, targeting rising origination expenses as the industry moves toward more choice in credit-scoring models. Both credit bureaus announced products Thursd... See more
MeridianLink has put its AI-powered document processing tool to work at three lenders, moving beyond its initial product announcement and into live loan workflows ahead of a broader rollout later this year. The company's Doc Agent for Mortgage is designed... See more
Conventional mortgage lenders tightened credit standards in September, pulling back on certain cash-out refinance and investor loan programs even as non-agency lending continued to expand. The divergence highlights a changing lending market in which some ... See more