Fannie Mae and Freddie Mac have updated the uniform appraisal dataset to create modern reporting standards for real estate.  UAD...

Deploying AI in its application process has led to a jump in same-day mortgage decisions at TD.  The $1.5 trillion...

Mortgage lenders say they are already benefiting from Ocrolus’ new AI tool for fraud detection as the fintech works to...

Trying to operate an AI model with bad data is like asking a Michelin-star chef to cook with rotting table...

Truist Financial Corp. is exploring a sale of specialty lender Afco Credit Corp. as new Chief Executive Officer Mike Lyons...

TD Bank is targeting labor-intensive processes for AI deployment as leaders there aim to drive $1 billion in savings and...

As cybersecurity investments become increasingly intertwined with AI, global equipment lender DLL is working to simplify financing options while navigating...

AI is creating a seismic shift in mortgage brokering, as evidenced by Pentiv’s rebrand and Elio Mortgage’s recent $5.1 million...

Biz2Credit, an online lending marketplace and direct funding source for SMBs, views AI as a force multiplier for underwriting, pricing...

Piermont Bank is assessing AI’s effectiveness in improving accuracy and consistency while many financial institutions stress the technology’s economic metrics....

B1BANK is using AI for lending processes including documentation and consumer analysis and plans to use the tech to diversify its...

AI is not only improving underwriting processes and standards but it also is helping Fifth Third Bank evaluate a consumer’s...