ABS sectors including commercial equipment, shipping containers and trucking could experience the biggest negative impacts from rising tariffs, according to S&P.

Fannie Mae economists slightly increased their mortgage rate projections for the remainder of the year despite widespread expectations that the Federal Reserve will cut the federal funds rate in September.

Jay Promisco, president at Sierra Pacific Mortgage, said agentic AI can be used to manage the entire loan process.

CrossCountry Mortgage allegedly paid a North Carolina real estate brokerage $15,000 a month to have all of its clients referred to the lender.

Agentic AI is both proactive and autonomous, allowing for multi-step actions to be completed without human interactions.

Some mortgage companies that are adopting artificial intelligence haven’t done enough in terms of governance, according to industry executives.

Issuers are looking to create spec pools of FHA loans to help reduce default risk.

Increased deportation risks and uncertainty about the future of some immigration programs have led non-QM lenders to reduce lending to non-resident borrowers.

Industry executives believe artificial intelligence can improve risk management and help reduce insurance premiums and property taxes.

The Trump administration is reducing regulation of nonbank lenders, leaving the task to state regulators.