Mortgage lenders are rushing to adopt AI, but many are repeating a familiar mistake: using new technology to accelerate old processes. Faster paper-pushing isn’t transformation. AI presents an opportunity to go further—but only if lenders approach it correctly. In mortgage lending, intelligent AI means removing the paper, moving beyond simple automation, orienting technology around measurable…
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Regulators say the penalty is the highest ever sought, but a cap on each violation would soften the blow for California’s largest insurer.
UWM Holdings Corp. is challenging Two Harbors Investment Corp.’s board after it rejected a $12 per share acquisition proposal in favor of an $11.30 per share deal with CrossCountry Mortgage LLC, issuing a lengthy response that questioned the board’s analysis and process. In a statement on Monday, UWM said “the TWO Board’s interpretation of the…
If AI gave you 10 hours back this week, Jason Waugh asks, what would you do with them? Be sure you’re investing those hours where they’ll compound.