Mortgage applications down 1.2% as ARM share rises

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law. Under the OBBBA, the federal estate, lifetime gift and generation-skipping transfer (GST) tax exemption amounts increased to $15 million per individual, indexed for inflation. For many clients, this level of exemption eliminates the need for additional complex transfer tax planning….

“I don’t think we are 100% done, to be honest,” he said. “The process will be done by the end of the year, full automation with AI on underwriting everywhere. Not 100% of underwriting is automated, but it will be by the end of the year. January 1, 2027, we’ll be ready with the fully…

As Chairman Kevin Warsh looks to revamp the central bank’s communication strategy, the dot plot is ripe for change.

New report finds ghosting, ghost jobs, misleading jobs undermine hiring trust

Finmo API, providing access to mortgage origination capabilities including application intake, document collection, and underwriting workflows The Bridge, enabling direct connectivity into Lendesk’s lender network for organizations that already have their own origination experience Lender Spotlight APIs, providing access to lender rates, policies, documents, contacts, and product information Together, these capabilities…

Payments and treasury technologies have traditionally been positioned by the banks powering them as purely infrastructure. The same way baseball players need a field to play ball, the thinking went, financial services needed the indispensable machinery powering payments that helps clients move money, manage liquidity and connect corporate systems. But those same banks, as highlighted…