Mobility Market Intelligence (MMI) has launched ChatMMI™—the industry’s first conversational AI interface built specifically for lenders, recruiters, and mortgage professionals.
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The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2025 shows mortgage applications for new home purchases increased 8.5 percent compared from a year ago.
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Correspondent lenders looking to capitalize on the latest rate decreases through refinances can count on increased speed and accuracy when working with Planet Home Lending Correspondent, which accepts electronic promissory notes (eNotes) for Fannie Mae, Freddie Mac, and Ginnie Mae loans. Approved sellers gain a faster, more efficient way to deliver loans—while improving execution, eliminating signature errors, and enhancing borrower satisfaction.
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MISMO has published revisions to the eVault Standards and SMART Doc® Validation Rules. This standard increases interoperability and trust between partners trading eNotes.
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Logan Finance Corporation, a player in the Non-QM space, announced the promotion of Dave Weatherford to Executive Vice President of TPO Production, effective immediately.
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SettlementOne, a provider of credit reporting, data, and verification solutions for the mortgage industry, announced an innovative partnership with Halcyon to eliminate one of mortgage lending’s most persistent bottlenecks: manual income calculation.
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Planet Home Lending, a national mortgage lender, servicer, and asset manager, has named Chris Carr (NMLS ID# 403758) as Area Sales Manager in the Minneapolis-Metro Area in Minnesota. With nearly 30 years of industry experience, Carr is licensed in Minnesota, North Dakota, South Dakota, and Wisconsin—where he will lead regional growth—as well as Illinois, Iowa, Tennessee, and Florida.
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Usherpa, developers of a Customer Relationship Engagement Platform (REP), has integrated with with Wilqo, the industry’s newest Production Optimization Platform (POP). With this announcement, Usherpa becomes the first CRM to offer a direct integration with Wilqo, giving the company’s lender users a seamless bridge between borrower engagement and loan manufacturing.
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MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the Senate’s passage of the VA Home Loan Program Reform Act (H.R. 1815) by unanimous consent:
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Mortgage Connect, L.P., an independent mortgage service providers, has partnered with Westcor Land Title Insurance Company and X1 Analytics to develop a product for Fannie Mae’s Title Acceptance program. The pilot is part of an ongoing effort by FHFA and Fannie Mae to modernize the mortgage closing process and reduce costs for consumers and taxpayers.
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