What happens when those breathtaking artificial intelligence (#AI) solutions are wrong? Moreover, when AI systems “talk” or cascade to other downstream AI systems, how can erroneous information in across data-driven, data-as-a-product solutions be recalled without influencing or cascading into blackholes of consumer chaos, frustration, and account loss?
Category: News and Trends
OptiFunder CEO Michael McFadden: What Mortgage Leaders Need to Know About AI
Michael McFadden from OptiFunder discusses recent advances in Artificial Intelligence.
CONVERGENCE Partner Profile: Pharrah Jackson of Greystone
Pharrah Jackson is a Vice President with Greystone’s Dedicated Affordable Housing Platform, responsible for assisting borrowers in financing their multifamily housing transactions. She is a member of MBA’s Affordable Rental Housing Advisory Council.
MISMO 2023 Spring Summit Kicks Off
The Mortgage Industry Standards Maintenance Organization–MISMO–kicked off its 2023 Spring Summit in Portland, Ore. on Monday.
Owning a Home Still Important in Vision of ‘Good Life,’ Survey Says
Aspirations to homeownership remain high, despite rising interest rates and home prices.
Fannie Mae: Perceived Homebuying, Home-Selling Conditions Diverge Further in May
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index decreased by 1.2 points in May to 65.6 as affordability constraints continue to color consumers’ perceptions of homebuying and home-selling conditions.
David Allison from Dovenmuehle: Context Is Key in Formulating a Response to Mortgage Default Data
For those who attended MBA’s Servicing Solutions Conference in February, the unveiling of the delinquency data for the fourth quarter of 2022 caused quite a stir.
Mark P. Dangelo: In an AI Reimagined Financial World, It Begins with the Consumer (Part 2)
What happens when those breathtaking artificial intelligence (#AI) solutions are wrong? Moreover, when AI systems “talk” or cascade to other downstream AI systems, how can erroneous information in across data-driven, data-as-a-product solutions be recalled without influencing or cascading into blackholes of consumer chaos, frustration, and account loss?
MISMO Seeks Public Comment on New Standardized Dataset for VA Verification of Benefits
MISMO®, the real estate finance industry’s standards organization, announced at its 2023 Spring Summit it is seeking public comment on a MISMO dataset mapping for the U.S. Department of Veterans Affairs Verification of Benefits (Form 26-8937).
Christine Chandler of M&T Realty Capital Corp. Nominated to Be 2024 MBA Vice Chair
The Mortgage Bankers Association announced that Christine Chandler, Executive Vice President, Chief Credit Officer and Chief Operating Officer with M&T Realty Capital Corp. (RCC), has been nominated to serve as MBA’s Vice Chair for the 2024 membership year.