DSCR loans are booming amid fragmented underwriting standards
After rampant fraud in Baltimore made headlines, underwriting guidelines and elevated fraud risks have the market on high alert
Underwriting
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Mortgage lenders weigh AI, alternative data and credit models
MISMO panelists cited rental and cash flow data, plus AI rules that may affect licensing and compliance
Better bets on ChatGPT as the new front door for origination
Better says Tinman makes underwriting accessible through ChatGPT, shifting decisions from LOS workflows into an AI layer for lenders.
Better launches ChatGPT-based credit decision engine for mortgage and HELOC lenders
Better.com has launched a conversational credit decision engine that lets mortgage and home equity lenders run underwriting through ChatGPT using the company’s Tinman AI platform.
Friday Harbor adds income and asset scenario testing for LOs
Friday Harbor introduced tools for real-time income and asset scenario testing, letting teams toggle documents without altering loan files.
How The Loan Store doubled volume in a crowded wholesale market
In the first nine months of 2025, the company doubled its origination volume to $8.2 billion, ranking as the fourth-largest U.S. wholesale lender.
FHFA eyes assumable and portable mortgages, raising questions for lenders
Bill Pulte said this week that the Federal Housing Finance Agency (FHFA) may allow Fannie Mae and Freddie Mac to offer assumable or portable mortgages.
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.
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.