There are many moving parts when it comes to applying for a loan. Each loan application consists of several stages, such as gathering required information and documents and assessing the applicant’s ...

Once you have found a house you like, made an offer and been pre-approved for a mortgage, you might think you are home free. However, you still have an important hurdle to clear: working with an ...

Underwriting is the process through which a lender verifies your income, assets, debt and property details before approving a loan and terms such as interest rate and fees. Underwriters perform an ...

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for ...

As banks continue to pare back financing activities, consumer lending is taking up more space in investors’ private credit allocations. With interest rates set to stay higher for longer, is now the ...

This makes it easier for loan underwriters to tell if loan applications were generated with AI, which may be a red flag that they are fraudulent. Underwriters may be able to protect their customers ...

According to research from LendingTree, “sole” women now account for 21.9% of potential homebuyers as of 2024. However, ...

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart ...

A series of loan underwriters testified Tuesday in the federal mortgage fraud trial of former Baltimore State’s Attorney Marilyn Mosby, providing critical, if expected, evidence for the prosecution’s ...