Newrez bets on AI with strategic investment in startup HomeVision

The top five lender and loan servicer says it’s already using HomeVision’s AI technology to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform, including income, assets and credit. Continue reading

Newrez pays $2.3M to settle Caliber overcharge allegations

California regulators collect $1.8 million fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment was due. Continue reading