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Endorsements of Home Equity Conversion Mortgages in March jumped to their highest level since March 2011, as seniors took advantage of increasing equity. Endorsement volume jumped 26.3% month over month to 6,510 endorsements from 5,153 in…
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When regulators recently accused AI-based lending software companies of creating “black boxes,” the fintechs pushed back. Fintechs and consumer advocates say the classic FICO credit score and banks’ traditional loan underwriting programs…
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Redfin switched its consideration to Bay Equity Home Loans to all-cash as the real estate franchisor's stock price was down by almost half since the deal was announced in January. On Jan. 12, the first day of trading following the…
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