Mortgages

ICE upgrades servicing platform with AI voice, chat agents

ICE upgrades servicing platform with AI voice, chat agents

Ramping up its investments in artificial intelligence, Intercontinental Exchange’s mortgage technology division announced plans to roll out borrower-facing AI voice and chat agents on its servicing platform, intended to help business partners better assist homeowners.  Processing Content Leaders from the company unveiled the agents at its ICE Experience conference in Las Vegas on Tuesday. Currently […]

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What’s it going to take to get banks back into mortgages?

Key Insight: Experts say even if regulators recalibrate capital standards, structural and competitive realities that did not exist before 2008 are the biggest drivers in their dwindling market share in mortgage origination and servicing. Nonbanks now dominate the sector, aided by leaner cost structures that are built for rate volatility — advantages that banks will

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AI will ease the home-price crisis, if state lawmakers let it

AI will ease the home-price crisis, if state lawmakers let it

The federal government should step in to prevent an emerging patchwork of state regulations from stifling the benefits of applying the tools of generative artificial intelligence to the mortgage market, writes Leah Price, of the Tinman AI Platform.Adobe Stock The federal government in December took the first steps toward steamrolling any potential bottlenecks that states

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Reviving this one FHA program could greatly boost homeownership

Reviving this one FHA program could greatly boost homeownership

The Federal Housing Administration once helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes, writes Scott Susin, of the Center for Mortgage Access.Kybele – stock.adobe.com The Federal Housing Administration, or FHA, was once a major player in lending for manufactured homes

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20 banks with the largest mortgage origination volume in Q1

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five bank lenders included in this ranking had an average mortgage origination volume of more than $43 billion as of the end of the first quarter. A majority of banks saw a decrease in mortgage origination volume between the fourth

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10 states with the highest and lowest percentage of non-current loans

Enjoy complimentary access to top ideas and insights — selected by our editors. The 13 states with the highest percentage of non-current mortgage loans had an average non-current loan percentage of 5.1%, with an average year-over-year change of 0.7%, as of March 31. The 11 states with the lowest percentage of non-current loans had an

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