bevri.ai, a technology firm focused on applying artificial intelligence to the mortgage industry’s third-party origination (TPO) channel, announced on Monday that it has appointed Jonathon Haddad as CEO. The agentic AI company said in a press release that Haddad’s appointment marks a new phase in its efforts to expand end-to-end automation for brokers and non-delegated […]
Jonathon Haddad joins bevri.ai as CEO Read More »
Low borrower satisfaction carries significant business consequences for mortgage servicers. Dissatisfied or confused borrowers are more likely to complain to regulators, generate costly call center volume and lengthen loss-mitigation processes. J.D. Power’s 2025 U.S. Mortgage Servicer Satisfaction Study reveals a widening gap in borrower satisfaction between origination and servicing experiences. While borrowers are happier than
Three ways servicers can move the needle on borrower experience Read More »
Florida’s single-family housing market revealed a striking disconnect in early November 2025, with homes taking a median 98 days to sell, 21 days longer than the national median of 77 days, even as market conditions shifted decisively in favor of buyers. The state’s housing inventory reached 97,224 active listings for the week ending Nov. 1,
Florida housing market slows as listings rise and sales drop Read More »
The Springfield, IL metro housing market recorded a median days on market of 28 days for the week ending Nov. 7, 2025, moving faster than the Illinois state median of 49 days. The accelerated sales pace comes as the metro’s median list price sits at $199,700, well below the state median of $309,900. Springfield’s housing
Why Springfield homes sell faster than Illinois average Read More »
The Terre Haute,IN metro housing market is moving at a notably quicker pace than the rest of Indiana, with homes selling in a median of 42 days compared to 56 days statewide as of Nov. 1, 2025. This faster sales velocity comes even as the metro’s median list price climbed 11.5% year over year to
Terre Haute housing market speeds up to 42 days on market Read More »
The Orlando–Kissimmee–Sanford metro housing market presents an unusual dynamic where homes are taking 20% longer to sell than a year ago despite falling prices and widespread price reductions. The median days on market jumped to 84 days in the week ending Nov. 7, up from 70 days year-over-year, while median list prices dropped 2.2% to
Orlando metro homes sit longer despite lower prices Read More »
Homes in the Philadelphia–Camden–Wilmington metro area sell in a median 49 days, 28 days faster than the national median of 77 days, even as 39% of active listings reduced prices during the week ending Nov. 1, 2025. The metro’s $439,900 median list price slightly exceeds the national median of $435,000. The Philadelphia metro housing market
Philadelphia metro homes sell faster than national pace Read More »
Al Drago/Bloomberg Key insight: Federal Reserve Governor Michael Barr said the short-term impact of AI-related job cuts will likely lead to long-term economic gains, as new technology may create new jobs with higher pay. He also said the central bank is working to bring inflation back to its 2% target but noted there is “some
Fed Gov. Barr says AI may cause ‘dislocations’ in labor force Read More »
UWM Holdings had its strongest production quarter since the pandemic-fueled 2021, beating its own guidance, taking advantage of a brief window where rates fell in September. “Although I don’t know if you guys recognize it, but it was a dominant, dominant quarter,” Mat Ishbia, chairman, CEO and president said on the earnings call. The company
UWM posts best production quarter in four years Read More »
Agentic AI is moving from hype to real use cases in financial services, and Built is staking its claim in the space. The construction finance tech firm on Tuesday launched Draw Agent, an AI tool designed to speed and simplify construction loan draw reviews, one of the most time-intensive workflows in the lending process.
Built rolls out agentic AI to speed construction loan draws Read More »