“Warning: don’t use your pet’s name for your password. We were hacked, and had to change our dog’s name.” “Experts” are saying that passwords will be on the way out in 2026 as passkeys take over. Good, as I am tired of carrying around a notebook with my usernames and passwords for dozens of sites. For fans of artificial intelligence (AI), we have news that a) AI generated weather predictions are making up new towns, and b) Utah is allowing AI to prescribe medicine to humans. (Taking that to an extreme, is sure sounds like the plot of a sci fi movie where us humans are unwitting slaves to computers through drugs in our food.) OpenAI has launched ChatGPT Health which wants access to your medical records. What could possibly go wrong? On the mortgage side of things, Newrez has made an investment in HomeVision to create an AI-driven mortgage underwriting platform, enabling an industry-first solution designed to deliver real-time mortgage decisions across loan types. Meanwhile, Volkswagen is bringing back physical buttons to its dashboards. Yay! (Today’s podcast can be found here. Today’s has an interview with the Texas Stock Exchange’s Jeff Karcher on the origins of the TXSE, why its founders believe U.S. markets need more competition, and how its 2026 launch aims to reshape capital markets through technology-driven trading and long-term vision.) Lender and Broker Products, Software, and Services Primis Mortgage is excited to announce the launch of its latest innovation in home financing: the Access Total Mortgage (ATM) loan, a principal-first lending solution designed to give mortgage professionals a more flexible option for today’s borrowers. The ATM loan combines a mortgage, checking account, and a HELOC into one integrated account, allowing deposits to immediately reduce principal while maintaining access to funds, without refinancing. Structured as a non-traditional, 30-year HELOC with an integrated sweep-checking account, the ATM loan supports ongoing liquidity and efficient cash-flow management. Funds can be accessed through standard banking channels, providing flexibility for evolving borrower needs. This solution is available to qualified borrowers with a minimum initial draw of $150,000 and reflects Primis Mortgage’s continued focus on innovative, relationship-driven lending solutions. Learn more about the ATM loan and how it fits into Primis Mortgage’s forward-looking lending platform.
Mostly Quiet Ahead of Friday’s Jobs Report
Mostly Quiet Ahead of Friday’s Jobs Report
Bonds lost a bit of ground on Thursday with most of the weakness seen in the overnight session in sympathy with European bond market weakness. The rest of the selling …