A Newrez executive predicts a four- to five-times increase in AI token costs and says most companies are using the wrong models anyway...
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AI costs are about to rise sharply and mortgage companies aren't ready, exec says
Ten states sue to protect mortgage escrow interest payments
Ten AGs challenge OCC rules that threaten homeowners' escrow interest in 14 states...
Fraud risks increase as rates remain elevated, Cotality data shows
Cotality data shows purchases jumped to 72% of Q2 volume, and where purchases go, fraud risk follows...
US home sales hit two-year low as prices and rates bite
Record July prices and a one-year rate high are pushing would-be buyers to the sidelines...
Wildfire risk stretches beyond California to $1.4T exposure
New Cotality data shows conflagration risk is reshaping wildfire exposure...
CUSMA breakdown could cost Canada over 100,000 jobs: report
‘The choices made today will determine North America's economic competitiveness for decades to come’...