MISMO launches two mortgage AI governance certifications
MISMO introduced certifications for advisory organizations implementing FRAME and for mortgage technology providers seeking product-level AI governance validation.
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A curated mortgage industry news desk built for wholesale AEs. We link to the original reporting, summarize the development, and add the field question it creates.
MISMO introduced certifications for advisory organizations implementing FRAME and for mortgage technology providers seeking product-level AI governance validation.
MBA’s Builder Application Survey showed July applications for new-home purchases down year over year and estimated annualized new-home sales at 647,000 units.
MBA reported average pre-tax production profit of $973 per loan in the second quarter, up from $727 in the first quarter.
MBA’s Mortgage Credit Availability Index rose 2.5%, with growth in jumbo availability and continued contribution from non-QM programs.
MBA reported total application volume down 0.4% for the week ending August 14, while purchase applications decreased 2%.
GO Mortgage introduced a wholesale platform built around API-driven workflow and began a controlled rollout with selected broker partners.
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