Amy Moses, vice president for strategic growth at the Mortgage Industry Standards Maintenance Organization, said a widespread shift to eNotes will occur when industry participants recognize the economic benefits and when not participating in the eNote space would make them less competitive.

Sales of new single-family homes declined by 6.2% on a monthly basis in April.

The lender saves 5 basis points per loan on average using eNotes.

First Colony has fully deployed the AI-powered point-of-sale platform after a pilot rollout.

United Wholesale Mortgage is offering brokers an 86-basis-point pricing incentive to celebrate the lender's 40th anniversary.

“The industry forecasts are expecting a step up in Q2 but I would say that we’re just not seeing that,” said Varun Krishna, CEO of Rocket Companies.

Mike Logozzo, CEO of reAlpha, said the company is putting a greater emphasis on artificial intelligence.

AD Mortgage study finds AI use in mortgage is rising; Progressive Insurance has expanded itis down payment assistance program; nearly one in five homes went pending within seven days in February; Blend launches Autopilot MCP.

Redwood has begun marketing one expanded-credit MBS and one jumbo MBS.

The impairment rate on securitized non-qualified mortgages declined by 28 basis points on a monthly basis to 6.9% as of the end of March, according to dv01.