What AI Changes in Mortgage Work and What Stays Human

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday urged banks to leverage advanced technology, including artificial intelligence (AI), to reduce costs, improve operational efficiency and strengthen customer experience while ensuring cybersecurity.   During the RBI’s half-yearly meetings with the managing directors (MDs) and chief executive officers (CEOs) of public sector banks…

Ecology Building Society has added a first-time buyer mortgage to its range to support the Scottish government’s First Homes Fund. The lender has become the 11th official provider of the scheme, where the Scottish government gives first-time buyers up to £10,000 towards the purchase of their first home.  Ecology Building Society will finance the purchase…

It also comes at a time when regulators are watching AVMs closely. Six federal agencies, including the CFPB, OCC, Fed, FDIC, NCUA and FHFA, adopted a final rule setting quality control standards for AVMs used by mortgage originators and secondary market issuers to value a borrower’s principal dwelling. The rule took effect in October 2025. It requires…

Wikimedia Commons/Downtowngal The former NoMad Los Angeles hotel, now the Hotel Per La, in Downtown LA Property owner Daniel Negari purchased the 241-room Hotel Per La in Downtown Los Angeles. The $34M sales price works out to roughly $140K per room, according to The Real Deal. The seller was lender Waterfall Asset Management, which took…

View Homes CEO Gandhi rebuilds builder operating platform Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 45 minutes ago

Homebuilder Executive Survey Tracks Margin Pressure into Late 2026 Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 47 minutes ago Latest