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NAF hires Nathan Ballentine as regional VP for South Carolina
Nathan Ballentine joins New American Funding as regional vice president for South Carolina, focusing on growth, development and partnerships.
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.
Uncovering the hidden costs of investor reporting in mortgage servicing
Cost optimization is key to creating success in the world of mortgage servicing. Mortgage servicers have dedicated significant resources in pursuit of optimized processes and prices, as every fraction of the cent saved contributes to the bottom line. Servicers are laser-focused on enhancing throughput efficiency, applying advanced technology to automate and streamline every step from loan origination to payment processing. But there’s an important area of industry that often goes overlooked: the investor reporting function.
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.
LitFinancial introduces stablecoin to ‘modernize’ mortgage lending
Issued as an ERC-20 token by Brale, a FinCEN-registered money services business, litUSD is backed one to one with cash and cash equivalents held in reserve.
Can AI help real estate teams stand out or make them all look the same?
Experts agree on starting small, measuring impact and never substituting AI for personal relationships or human oversight.
Clayton debuts CrossMod manufactured homes at HUD showcase
The featured model — called the Cypress and expected to cost roughly $200,000 — is 990 square feet with two bedrooms and two bathrooms.
