Figure debuts AI-powered platform for DSCR loans
Figure reported that West Capital Lending and Axen Mortgage are among the first partners to embed its DSCR product.
Underwriting
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Friday Harbor’s AI originator assistant now supports overlays
Friday Harbor’s AI Originator Assistant now includes overlays, enhancing loan compliance and credit quality control for lenders.
Mortgage compliance challenges affect 60% of lenders
Carleton survey reveals 60% of organizations struggle with mortgage compliance challenges while two-thirds face monthly loan payment discrepancies.
Non-QM lender Griffin Funding unveils AI-driven underwriting platform
The tool pulls hundreds of pages of program guidelines into a single system and uses AI to deliver answers to loan qualification questions.
Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending
Cade Thompson, chief growth officer at Rocktop Technologies, shared how lenders are reframing cost-cutting efforts and easing fears about AI.
Future unveils Alpha, an in-house AI mortgage system
Future Mortgage is currently beta testing Alpha in-house and plans to roll it out to all brokers in the first quarter of 2026.
HousingWire AI Summit to address tech’s promise and pitfalls
HousingWire’s AI Summit takes place in Dallas on Aug. 12 and welcomes numerous industry leaders to share expert insights.
Senate Democrats press FHFA on crypto use in mortgages
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.
Longbridge COO Bill Packer on how technology is influencing workflows
Bill Packer, COO at Longbridge Financial, talks about the ways his company is using AI to serve reverse mortgage borrowers.
FHA seeks input on buy now, pay later lending
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.