Downpayments has secured funding allowing it to offer downpayment loans for investment properties secured by a second mortgage.

Buy-before-you-sell loan provider Calque has filed a patent for parts of its Trade-In Mortgage product.

A&D Mortgage has debuted a mortgage program designed to provide new homeownership options for non-permanent residents who have an individual taxpayer identification number issued by the IRS.

New expanded-credit mortgage-backed securities from Angel Oak Mortgage, A&D Mortgage, CrossCountry Mortgage and Invictus Capital Partners started marketing in the last two weeks.

Angel Oak promotes chief investment officer; mortgage credit availability for jumbos drops in December; Logan Finance hires Paramount Residential Mortgage Group alumnus.

Clark Street Capital's Accelerated Bank Asset Network can help facilitate loan sales by banks in as little as two weeks.

The company’s new Accelerated Bank Asset Network can help bank lenders close a loan sale in less than two weeks.

The lender said it is working with forensic experts and law enforcement to address the cybersecurity incident.

"[ChatGPT] could provide quick, accurate responses to clients so that loan officers, real estate agents and recruiters can spend more time building relationships and closing more deals," said Marvin Bantugan, chief technology officer of Zventus and co-chair of the Hyperledger mortgage subgroup.

Generative AI solutions, such as ChatGPT, are expected to gain in popularity among mortgage professionals this year.