Mortgage lender Newrez is expanding its use of AI to address the pain points in underwriting processes, marking the next step of its partnership with technology provider HomeVision. Newrez began using HomeVision’s AI tool designed for collateral underwriting in September and has already seen efficiency double, according to a Jan. 7 Newrez release. Newrez invested an undisclosed amount in HomeVision this month to develop an enhanced solution that also synthesizes data […]






