Friday Harbor adds income and asset scenario testing for LOs
AI-powered mortgage underwriting platform Friday Harbor announced Tuesday the launch of a new set of tools called Income and Asset Sandbox, which are designed to help loan officers structure income and asset decisions earlier in the origination process. The tools allow lending teams to test how diff
ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey
Intercontinental Exchange Inc. (ICE) is seeing an “overwhelmingly positive” response from mortgage servicers in response to its newly updated MSP platform user interface, as servicers view the update as the first step in a broader push toward automation and AI-driven efficiencies. The update marks t
FHFA hit with FOIA lawsuit over Powell memo
The Campaign for Accountability (CfA), a nonpartisan watchdog group, has filed a lawsuit against the Federal Housing Finance Agency. The group alleges the FHFA failed to comply with a Freedom of Information Act (FOIA) request that sought access to a report prepared by FHFA Director Bill Pulte about
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