Tag Archives: mortgage origination

Ally Financial’s exit from mortgage will impact Better, HouseCanary

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Ally, which originated $1 billion in mortgages in 2023 through a partnership with Better and is an investor in the company, is laying off hundreds of employees. Continue reading →

AI mortgage chatbot launches as ChatGPT comes under scrutiny

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Beeline CEO Nick Liuzza is unfazed after the lender launched what it claims is the world’s first AI mortgage chatbot during the same week that the FTC hit ChatGPT creator OpenAI with an investigative demand. Continue reading →

Truework authorized by Fannie Mae to help speed up loan approvals

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Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers. Continue reading →

Compass is launching its own mortgage company, OriginPoint

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OriginPoint will provide origination services to consumers in select Compass markets by the end of 2021, marking the brokerage’s latest move toward an end-to-end transaction. Continue reading →

5 ways the pandemic mortgage boom has changed the market

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Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today’s consumers. Continue reading →

Mortgage software company Ellie Mae to be acquired for $3.7B

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Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading →