Longbridge appoints new head of credit policy, underwriting and QC
Longbridge Financial has appointed Patrick Halonen to lead its credit policy, underwriting and quality control efforts.
Underwriting
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HomeVision, Restb.ai partner on AI in collateral underwriting
The companies say the technology will improve appraisal accuracy, automate parts of the review process and help lenders, appraisal management companies (AMCs) and individual appraisers identify errors.
loanDepot’s Frank Martell on building lifelong consumer relationships through technology
In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.
Fannie Mae’s new version of DU to focus on credit risks
A new version of Fannie Mae’s Desktop Underwriter arrives in January with a series of changes for evaluating credit risk from borrowers.