OneTrust Sues EMC, UWM, Former Employees Over Alleged Loan Diversion Scheme
The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM
The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM
Lender says new workflow cuts cycle times by more than half, underscoring growing pressure on speed in purchase-driven market
New capability lets lenders deploy custom AI agents directly inside loan workflows
Community lender bets on automation to boost loan officer capacity and streamline borrower experience
The 25% reduction of its workforce comes as it posts $478 million Q2 loss.
Mortgage technology firm cites rising rates, falling refinance applications for cuts.