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.
Fannie expects home sales to increase 7% in 2026; 1st Security Bank hires Omeed Salashoor; AD Mortgage debuts jumbo product for luxury homebuyers; MBA said mortgage applications declined the week of Dec. 19.
A&D Mortgage and Imperial Fund Asset Management have received a $250 million commitment from Canyon Partners. The partnership will fund $5 billion of non-agency securitizations.
Waterstone Financial relents on defense against poaching allegations; Mr. Cooper takes loss on sale of Flagstar’s third-party originations unit; legal expenses rise at Mr. Cooper.