The new autonomous AI model is part of an enterprise-wide AI strategy for the bank

Mortgage rates moved demonstrably higher last week

Industry has reason for optimism with previously owned homes rising by 1.3% in July

CFPB estimates the proposed rule will result in 22,000 additional mortgage approvals

Analysts believe that inflation may fall even quicker than expected

Bank mortgage applications rose by 3% last week for new mortgages

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years

Wells Fargo dropped to about 18,000 loans in progress, a dramatic change from one year ago

Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end

The PPP and related changes to operations could reshape some areas of the banking sector, says PwC