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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…
United Wholesale Mortgage(UWM) announced Tuesday that it has launched a Mortgage Matchup plugin for ChatGPT that’s designed to connect borrowers with independent mortgage brokers across the country.
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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…
Dodgy loans included inflated incomes, misrepresented employment and fabricated or unverifiable business activity.
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…
Chartered accountant and tax adviser finds mortgage broking a natural extension of his practice
Lennar Mortgage LLC, a mortgage lender and subsidiary of Lennar Corp., a homebuilder company, disclosed a data breach that was discovered in June 2026. The breach affected at least 60,526 residents of Texas.