Tonight brings 8pm ET deadline for Iran's response to U.S. demands (opening shipping channels among other things). If there's no response, Trump has threatened to attack critical infrastructure like bridges, power plants, etc.--a major escalation that would all but guarantee a much longer run of hig

The cost problem lenders can’t automate away Mortgage lenders have spent years investing in automation, yet one metric continues to resist improvement: cost per loan. New tools promise faster processing, better decisioning and improved borrower experiences. For many lenders, however, those gains hav

For decades, mortgage underwriting has followed the same basic structure: verify income, review credit, apply ratios, and make a decision. The tools have improved. The thinking largely hasn’t. Automated systems like Desktop Underwriter and Loan Product Advisor can process loans faster than ever. But