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Many Lenders Starting Slow With AI Adoption

October 10, 2025
Brandon Ivey
While AI use appears to be the norm in the mortgage industry, many lenders said they're hesitant to lean on the technology for originations.
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Short Takes: Rocket Completes Acquisition of Mr. Cooper / Applications Decline / CFPB to Finalize Small Business Lending Rule / Home Price Depreciation in Some Areas / AI Glossary for Mortgage Market

October 1, 2025
Brandon Ivey
Mr. Cooper and all of its servicing functions will be rebranded “under the Rocket umbrella.”
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Better to Originate for Large, Unidentified Company. Stock Soars

September 29, 2025
Brandon Ivey
Better, which does not service loans, has new originations partnerships with two unidentified companies.
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Mortgage Lenders Slow on AI Adaptation It Seems

September 29, 2025
Brandon Ivey
One senior vice president of AI solutions at Lennar Mortgage said there are various reasons for lenders’ hesitancy in adopting AI.
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Figure Looking to Expand Use of its MERS Competitor

September 26, 2025
James Dohnert
DART is a lien and eNote registry built on the Provenance blockchain.
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FHA Takes Loan Review System Offline Temporarily

September 23, 2025
Emmeline Willey
FHA shut down its loan review system after users reported having issues logging in.
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Short Takes: Fed Update / New MISMO President / Goldman Offers RPL MBS

September 16, 2025
Brandon Ivey
The Fed will have a new governor in place as it considers monetary policy this week and Fed Governor Lisa Cook will also remain in place.
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Figure Goes Public With Upsized IPO

September 11, 2025
Brandon Ivey
Initially looking to raise around $500.0 million, Figure's IPO ultimately raised $787.5 million.
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Short Takes: FHFA’s Market Share Cap Unclear / Home Purchase Sentiment Ticks Down / Fairway Partners With OpenAI

September 9, 2025
Brandon Ivey
If subservicing is included in FHFA's market share cap, Rocket plans to shift some of the servicing mix at the combined Rocket/Mr. Cooper.
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Mortgage Tech Company Faces Stock Trading Limit

September 2, 2025
Brandon Ivey
Voxtur Analytics has faced financial difficulties in the past year and was late filing earnings for the second quarter of 2025.
Read More
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