Pennymac now uses AI agents to handle 40% to 45% of its backend mortgage fulfillment work, according to a conversation between the company and Vesta, an AI company that builds tools for mortgage lenders. Jensen Szakaly, who leads Pennymac's Mortgage Fulfillment Division, and Vesta CEO Mike Yu talked with HousingWire about how this works. They…
The information provided on this website is provided for entertainment purposes only. We make no representations or warranties, expressed or implied, about the information. This includes its completeness, accuracy, adequacy, legality, usefulness, reliability, suitability, and availability. We also make no claims about anything else. Any reliance you place on the information is strictly your own responsibility. We accept payment from advertisers and sponsors with relevant ads. We may recommend products on our website and get paid to advertise them. You can find additional terms in the terms of use.
