Jay Farner, CEO of the largest U.S. mortgage lender, said in an earnings call, “Based on the strength of demand at the top of our funnel, we believe both record purchase volume and record auto results would have been higher if not for inventory challenges."
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The Rise of AI in Mortgage Origination: A Game Changer?
Explore the transformative role of AI in mortgage origination, enhancing processing efficiency and security, while ensuring ethical deployment.
Estimated reading time: 0 minutes, 23 seconds
Rocket Mortgage Records $1B Q2 Profit on Surging Volume
Rocket Companies posted a $1.037 billion profit for the second quarter, while loan origination volume grew by 15% to $83.76 billion. So reports The Detroit News.
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