Merger and acquisition activity is expected to rise as more lenders attempt to reach economies of scale.

Loan originators using AI are seeing significant gains in productivity. Use cases range from non-consumer-facing activities to voice bots that interact with loan applicants.

Delayed financing offers a way for all-cash homebuyers to quickly tap the equity in their home.

Banks and credit unions are struggling to compete with technology-focused lenders who use automation to close home equity loans faster.

The mortgage industry appears to be lagging other sectors in adoption of artificial intelligence. Tech providers stress that AI offers lenders potential gains in productivity with limited downsides.

The lender sees major opportunities to increase mortgage volume by reaching out to borrowers who speak only Spanish or have limited English proficiency, even as HUD pulls back on translation services.

Officials at MISMO believe that the e-Eligibility Exchange has helped mortgage lenders overcome counterparty approval challenges for use of eNotes.

Mortgage executives count on AI and automation to streamline business processes and reduce overall costs.

The new standard comes ahead of the Oct. 1 effective date for quality control standards that federal regulators announced last year.

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