Insurance property costs are rising due to increased risk and damage from natural disasters, and are contributing to increases in delinquencies.

Agentic AI is both proactive and autonomous, allowing for multi-step actions to be completed without human interactions.

Bilt is a payments platform that offers rewards to consumers. The company recently received a $100 million investment from United Wholesale Mortgage at a valuation of $10.75 billion.

Anthony Hsieh, who retook the CEO mantle at loanDepot in July, plans to put an emphasis on technology efficiency and market share growth.

Intercontinental Exchange maintained its guidance for low- to mid-single digit revenue growth this year from its mortgage technology segment, supported by incoming clients.

Some mortgage companies that are adopting artificial intelligence haven’t done enough in terms of governance, according to industry executives.

The perceived morality of mortgage forbearance increases when the borrower pays for the option to forbear, regardless of the political affiliation or personal characteristics of the borrower, according to researchers.

The use of positive rental payment data and cash flow underwriting in new credit score models is expected to increase the number of borrowers that qualify for mortgages.

Rocket Mortgage is leaning on artificial intelligence to improve lending efficiency. The nonbank is wrapping up its acquisition of Mr. Cooper and already seeing benefits from its acquisition of Redfin.

Lenders in the mortgage industry are grappling with legal and regulatory requirements as they embrace artificial intelligence to enhance their operations.