The Commercial Loan Broker Association (CLBA) has formed a strategic affiliate partnership with the National Association of Mortgage Brokers (NAMB). The collaboration aims to expand opportunities for both mortgage and commercial loan brokers by strengthening education, networking and cross-industry support.
Detroit-based Rocket Close has launched a new intelligent document processing solution in partnership with the Amazon Web Services‘ Generative AI Innovation Center. The automated system aims to accelerate mortgage document extraction by using Amazon Textract and Amazon Bedrock, reducing processing time per file from 30 minutes to under two minutes while maintaining 90% accuracy, according to a press release.
Better has launched a conversational credit decision engine integrated directly into ChatGPT via its Tinman artificial intelligence platform. The new application aims to streamline the underwriting process by allowing lenders to instantly apply their own guidelines and pricing to approve mortgages in seconds.
Newrez has launched Express Closed-End Second (Express CES), a fixed-rate, second-lien mortgage option available through its wholesale channel. The offering aims to simplify execution by allowing brokers to submit loans while Newrez handles processing, underwriting and closing.
PartnerOne has closed its acquisition of Mortgage Cadence, a provider of cloud-based digital lending software. The companies noted the integration aims to streamline loan originations, reduce operational costs for lenders and enhance borrower experiences through AI-based tools.
Vertyx has launched Homeowner Navigator, an AI-driven insights and engagement platform. The new product aims to help mortgage servicers maintain visibility into borrower needs post-closing to support customer retention and recapture.
The American Land Title Association has renewed TrustLink as an Elite Provider for 2026. TrustLink provides trust accounting, daily and monthly three-way reconciliation, and tax filing services to help title and settlement companies manage regulatory compliance.
Friday Harbor has integrated its AI pre-underwriting technology with Calyx Path‘s software platform. The integration aims to help lending teams deliver cleaner files and reduce rework by automatically reviewing borrower documents to surface potential loan issues before they reach the underwriting desk.
The National Association of Realtors has launched a revamped application process for its 2027 governance committees, requiring all candidates to complete a standardized expertise profile. The updated system seeks to better match members with leadership roles based on professional qualifications while increasing transparency across the association’s volunteer governance structure.
