California-based mortgage lender loanDepot on Tuesday announced the launch of its fully automated underwriting engine called melloNow. The new system, which has been in beta-testing for the last ...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--A&D Mortgage, the nation’s leading Non-QM lender, proudly announces the launch of its exclusive automated decision system for Non-QM loan products. This ...
LOS ANGELES, June 28, 2023 /PRNewswire/ -- With this new partnership, Sync1 Systems, an industry leading cloud-based Loan Origination System, will integrate AI-automated credit underwriting into their ...
SACO, ME— October 29, 2009 — SYNEV Insurance Services announces the availability of automated underwriting services with IRMA “Individual Risk Mortality Assessment”. Highly accurate mortality risk ...
Addressing broker needs by simplifying the underwriting process for Non-QM loans A&D Mortgage has announced the launch of its automated underwriting system (AUS) for Non-QM loan products, aiming to ...
Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for ...
WASHINGTON, Aug. 11, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the company will launch a new feature in its automated underwriting system to incorporate consumers' rent payments in ...
Is Underwriting Automated or Manual? In most cases, mortgage applications go through an automated underwriting system, such as the Fannie Mae Desktop Underwriter. This automated process analyzes the ...
ROCHELLE PARK, N.J., Dec. 18, 2024 /PRNewswire/ -- Sapiens International Corporation (SPNS),, a leading global provider of software solutions for the insurance industry, announced today that Sapiens ...
These systems don’t allow for much in the way of human judgment — the software determines whether you’re either approved, rejected or asked for additional information. Such automated underwriting, as ...