A borrower's credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.

Rising interest rates and high inflation are putting a strain on mortgage holders. The 2023 J.D. Power U.S. Mortgage Servicer Satisfaction Study found a significant decline in customer satisfaction compared to the previous year. J.D. Power attributes this decline to a combination of weaker financial health, an increased rate of mortgage transfers and a rise in issues resolving account problems.

Personnel news from Guaranteed Rate, PCV Murcor and Click n’ Close.

ARLINGTON, Va.--Artificial Intelligence will fundamentally change the real estate finance business—and nearly everything else—experts said here at the #MortgageAIForum, co-hosted by MBA and MISMO.

MBA NewsLink spoke with Joseph Camerieri of Mortgage Cadence about the mortgage landscape after the Black Knight/ICE merger, and what it will take to succeed in such an environment.

(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association)