LendingLife

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers

United Wholesale Mortgage (UWM) is rolling out new artificial intelligence (AI)-powered tools designed to help brokers analyze competitors’ loan estimates and assist borrowers online. The tools aim to improve retention as refinancing activity is expected to rise. The company announced the launches during its UWM Live! event on Thursday in Pontiac, Michigan, amid intensifying competition […]

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers Read More »

BOK Financial launches mortgage finance line of business

BOK Financial recently announced the launch of its new mortgage finance line of business, a new vertical dedicated to meeting the credit needs of nonbank mortgage originators across the country. As a top 10 dealer of mortgage-backed securities that offers trading liquidity to more than 500 counterparties, BOK Financial has supported its client base for

BOK Financial launches mortgage finance line of business Read More »

MBA urges overhaul of mortgage rules in letter to OMB

The Mortgage Bankers Association (MBA) submitted a formal request to the White House Office of Management and Budget (OMB) on Monday, asking for the rescission of six rules and revisions to nine others that affect the mortgage industry. These include regulations tied to servicing, the Real Estate Settlement Procedures Act (RESPA) and loan officer compensation,

MBA urges overhaul of mortgage rules in letter to OMB Read More »

Bidding wars for mortgage LOs heat up again

Bidding wars for producing mortgage loan officers are back with a vengeance — and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. Just ask Candice McNaught, the senior vice president of business development and strategic initiatives at Connecticut-based Planet Home Lending. McNaught has the tough task of

Bidding wars for mortgage LOs heat up again Read More »