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Author name: Ricky Vasquez

August Demo Day: Sapiens Decision AI Decisioning Platform (“Decision”)

Artificial Intelligence, Demo Day, Sponsored, Technology /

Sapiens Decision AI Decisioning Platform (“Decision”) Sapiens Decision is an intuitive modern AI decisioning SaaS solution designed for automating complex decisions. Our visual modeling workbench is based on a proven methodology that covers decision modeling, testing, and governance. Auto-generation of code from models reduces time, cost, and defects. Sapiens Decision is technology agnostic with standards-based […]

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August Demo Day: Vesta LOS

Demo Day, LOS, Sponsored /

Vesta LOS Vesta is the next-generation mortgage LOS that reduces lenders’ operational cost by “inverting control,” guiding users through the loan. With data-driven tasks, validations, and native automations, Vesta eliminates manual work — enabling faster closing times, higher loan quality, and greater efficiency. Product Fast Facts #1 Built-In No-Code Automation: Automates processes like running credit,

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August Demo Day: Blend’s DocAI

Artificial Intelligence, Blend, Demo Day, Sponsored, Technology /

Blend’s DocAI Blend’s DocAI revolutionizes mortgage and home equity closings by automating document processing, dramatically shortening time to close and boosting customer satisfaction. Product Fast Facts #1 Instantly verify uploaded document type and check for data mismatches, shortening time to close and accelerating decision making #2 Real time checks at the beginning of the process

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August Demo Day: Tavant Title Analysis – Touchless Lending

Demo Day, Sponsored, Tavant, Technology /

Title Analysis – Touchless Lending Tavant’s AI-powered Title Analysis solution identifies title risks, extracts relevant data, andprovides lender-ready recommendations—streamlining the closing process and reducingrepurchase risk. Product Fast Facts #1 AI reads and interprets complex title docs using intelligent promptsand legal logic. #2 Auto-generates conditions to resolve liens, outdated surveys, andunpaid taxes. #3 Reduces manual review

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FOA posts profit, buys out Blackstone stake

Earnings, LOAN PRODUCTS, Marketing, Originations, Reverse mortgages, Securitization /

Finance of America was profitable for a second consecutive quarter as funded volume at the reverse mortgage lender grew 7% versus the first quarter and 35% year-over-year. The company made net income from continuing operations of $80 million for the period ended June 30, unchanged from the first quarter and up from a $5 million

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Fannie Mae and Freddie Mac’s regulator raising LIHTC limits

Housing markets, Politics and policy, Secondary markets, Tax strategies /

Fannie Mae and Freddie Mac’s regulator announced additional leeway for them to invest more heavily in low-income housing tax credits in line with the passage of recent legislation. Each can now invest up to $2 billion for a total of $4 billion per year, twice the previous limit, according to a press release from U.S.

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Donald Trump

Trump changes tone on debanking, lays more blame on banks

Bank of America, Cryptocurrency, JPMorgan Chase, Politics and policy, Trump administration /

WASHINGTON — The Trump administration upped its rhetoric on debanking again on Tuesday, this time targeting banks themselves rather than their regulators. President Donald Trump once again took aim at two of the country’s largest banks, JPMorgan Chase and Bank of America, and their chief executives, for what he framed without evidence as discrimination against

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Looser underwriting boosts serious default risk in 1Q25

Distressed, Economy, Servicing, Underwriting /

Some loosening in mortgage underwriting contributed to the 8-basis-point quarter-to-quarter increase in the Milliman Mortgage Default Index. This measurement is an estimate of the lifetime serious delinquency rate, which Milliman defines as loans for which the borrower is 180 or more days late on their payments. It looks at loans acquired by the government-sponsored enterprises

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