It's unclear if mortgages can be fully AI-originated and still comply with state and federal laws.

The company behind an AI-native LOS closed a $30 million funding round that included investments from existing clients.

Vishal Garg laid out what Better's new priorities will be now that he has returned to the company he founded.

"Let’s go out and be proactive and demonstrate that we can govern ourselves effectively," said Brian Vieaux, president of MISMO.

Valon Technologies raised $150 million and is hiring.

Artificial intelligence technology is creating new risks for mortgage lenders, according to experts speaking at a recent Mortgage Bankers Association conference.

The planned implementation date has long been Nov. 2 but the government-sponsored enterprises pushed it to May 19, 2027.

Some 82% of recent homebuyers said they would be swayed to work with a lender that offered the opportunity to close a mortgage virtually.

Through the end of the year, brokers can receive no-cost processing on three Underwriting+ loans.

Fannie Mae pushed back a deadline for changes to how the government-sponsored enterprise handles rental income for mortgage borrowers to Dec. 1.