Mortgage lender Newrez doubles efficiency with AI underwriting tool
Mortgage lender Newrez is expanding its use of AI to address the pain points in underwriting processes, marking the next step of...
Quinn Donoghue is a senior associate editor at FinAi News, covering the intersection of the AI revolution and financial services. Quinn originally joined Royal Media as a member of FinAi sister publication Equipment Finance News. He was previously a real estate reporter at The Real Deal and a community journalist at The Elgin Courier in Elgin, Texas.
Quinn graduated from Appalachian State University in 2017 with a bachelor's degree in English and currently lives in Austin, Texas. He can be reached at QDonoghue@royalmedia.com.
Mortgage lender Newrez is expanding its use of AI to address the pain points in underwriting processes, marking the next step of...
Citizens Bank is focused on 50 tech-driven initiatives encompassing several AI applications as part of its “Reimagine the Bank” program. The program, launched in July 2025,...
U.S. Bank is leaning into AI solutions to boost efficiency and stay competitive amid broader industry shifts. The $695 billion bank anticipates “meaningful shifts” in digital assets and AI across the industry in the...
State Street is gearing up to launch several AI solutions in 2026 after increasing its tech spend in the fourth quarter. ...
Advancing technologies across various industries are opening new opportunities for banking leaders to push the bounds of innovation. U.S. Bank, for one, found inspiration at the Consumer Electronics...
Wells Fargo is prioritizing AI and technology investments in 2026 as part of its efficiency initiatives. The company continues to explore new...
Banking giant SMBC Americas is deploying AI solutions from fintech Fenergo to streamline KYC, AML and client lifecycle management at the $2.1...
AI advancements are enabling lenders to better predict residual values, a boon for the equipment finance industry as machines become...
Technology providers are examining equipment lender and dealer perspectives to fully unlock the potential of AI and establish long-term partnerships. Nearly 70% of financial...