Mortgage Industry News

News: Friday Harbor expands AI pre-underwriting to condo and manufactured home loans

Mortgage and Finance News: (SEATTLE, Wash.) Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced new capabilities for condominium and manufactured home loans that enable lenders to evaluate property-specific eligibility requirements before files reach underwriting.

News: Friday Harbor announces integration with MeridianLink Mortgage

Mortgage and Finance News: (SEATTLE, Wash.) Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced its integration with MeridianLink®. The integration equips origination teams using MeridianLink® Mortgage to build clean, complete and compliant loan files up front that move through underwriting with fewer touches.

News: Optimal Blue report: Purchase market remains resilient as pull-through rates weaken

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its May 2026 Market Advantage mortgage data report, which found that mortgage activity continued to cool as higher rates weighed on both purchase and refinance demand. Total rate-lock volume declined 9% month over month (MoM) but remained 7% higher year over year (YoY). Purchase activity continued to dominate production, accounting for just over 81% of total lock volume, while refinance share fell to 19%, its lowest level since June 2025.

News: Melinda Harris of Down Payment Resource named a 2026 HW Marketing Leader

Mortgage and Finance News: (ATLANTA, Ga.) Down Payment Resource (DPR),the housing industry's leading technology for connecting homebuyers with homeownership programs, today announced that Melinda Harris, vice president of marketing and communications, has been named a 2026 HW Marketing Leader by HousingWire. Each year, HousingWire's HW Marketing Leaders program recognizes the executives shaping how housing finance companies communicate, compete and grow. Harris is among 70 honorees selected.

News: Service 1st names Joy Ziminskas national sales director for the southeast region

Mortgage and Finance News: (HAMMONTON, N.J.) Service First Information Solutions, LLC (Service 1st), a leading provider of credit reporting and verification solutions for the mortgage industry, announced today the addition of Joy Ziminskas as national sales director for the Southeast region to lead revenue growth and expand relationships with lenders, banks and financial institutions across Texas, Florida and surrounding markets.

Finance Industry News

News: Breakthrough At-Home Vision Testing Platform Reinvents the Eye Exam with MIT Science and Telehealth

Mortgage and Finance News: (LOS ANGELES, Calif.) Seventeen-year-old Mergers and Acquisitions firm ProNova Partners has announced it has been retained to develop major strategic partnership and acquisition relationships for a breakthrough at-home vision-testing technology built on optical science exclusively licensed from the Massachusetts Institute of Technology.

News: Informative Research receives MortgagePoint Tech Excellence Award for unified credit and verification platform

Mortgage and Finance News: (GARDEN GROVE, Calif.) Informative Research (IR), a leading technology provider of data-driven credit and verification solutions for the lending industry, today announced it has been named a recipient of the MortgagePoint Excellence Award for Top Technology Providers. The recognition highlights IR's innovative, unified platform.

News: DocMagic named 2026 MortgagePoint Tech Excellence Award recipient for digital mortgage innovation

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic® announced today it has again been named a recipient of the MortgagePoint Tech Excellence Award. The annual award recognizes the most innovative technology providers in the mortgage industry. According to MortgagePoint, the Tech Excellence Award "highlights companies that deliver cutting-edge solutions, improve operational efficiency and enhance the mortgage process through technology."

News: FirstClose CEO Tedd Smith named to 2026 National Mortgage Professional Legends of Lending

Mortgage and Finance News: (AUSTIN, Texas) FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Tedd Smith, chief executive officer, has been named to the 2026 National Mortgage Professional Legends of Lending. The honor recognizes mortgage professionals who have made enduring contributions to the industry through innovation, leadership and long-term impact.

News: Velocity Credit Union Announces Relocation and Grand Opening of New Southwest Austin Branch

Mortgage and Finance News: (AUSTIN, Texas) Velocity Credit Union is proud to celebrate the opening of its new Southwest Austin branch, a modern, expanded facility designed to better serve its growing membership across Central Texas. Located at 3419 Davis Lane, Austin, TX 78745, the full-service branch opened in late May and offers enhanced convenience, expanded services, and a welcoming space for members and the community.