PRMG and Mesa collaborate on a co-branded credit card
Mesa aims to enhance homeownership affordability through a new loyalty program and credit card, rewarding clients on mortgage payments and home-related expenses.
FICO to add Buy Now, Pay Later data to credit scores
The new FICO scores will integrate BNPL installment loan data into credit reports, providing lenders with clearer insights into borrowers' financial behavior.
Every day, mortgage brokers and mortgage lenders encounter talented entrepreneurs, successful investors, and international buyers who deserve homeownership but can't check the conventional boxes.
Bringing origination and servicing together with AI
The mortgage lending industry is shifting towards a more integrated approach between origination and servicing to enhance efficiency and borrower relationships.
Mortgage lenders lag on compliance as tech evolves rapidly
Some respondents revealed that they received up to 1,700 regulatory alerts in 2024, with 25% having direct business impacts, pushing lenders toward modernization.
UWM sets incredibly ambitious 2028 production goal
UWM achieved a significant growth milestone in 2024, originating over $137.8 billion in loans, doubling its production from the previous year despite challenging market conditions.
Mortgage Lenders Could Be Checking Your LinkedIn Profile | Entrepreneur
It is helpful to look at LinkedIn profiles during the application process. It can give a clearer picture as to the job history, description, length of employment, locale, etc.