Browsing: Mortgage

It’s understandable why there are so many articles on AI lately. Consumers increasingly ask ChatGPT, Claude, Gemini and other AI platforms questions they once typed into Google. So the new popular acronym – AEO (answer engine optimization) – for optimizing web content around AI engine results and recommendations is addressing a very real concern.

On August 13, the California DFPI announced a consent order requiring a Utah-based mortgage company to pay $825,000 for allegedly failing to adequately protect the personal information of more than 284,000 individuals, including over 34,000 California residents. According to the consent order, a threat actor breached the company’s network in March 2023, installed malware, stole employee credentials, and used…

Despite substantial investment in artificial intelligence, mortgage origination remains expensive and labor-intensive. In the first quarter of 2026, the average cost to originate a loan rose to $11,898, while lenders earned just $727, or 16 basis points, in pre-tax production profit. 

I was recently in the middle of nowhere Utah with my family, and it was the first time in a very long time that I set my intentions on being present and being unplugged. My entire workday, which spans anywhere from four to 16 hours, is spent in the guts of artificial intelligence and how…

Every conference I go to right now has the same conversation happening in every room. AI is going to transform the mortgage industry. AI is going to eliminate jobs. AI is going to make everything faster, cheaper, smarter. And maybe all of that is true, eventually. But I keep sitting in those sessions thinking we…