ASID News Today — September 2, 2026

The mortgage industry is navigating a complex landscape, with lenders facing challenges in multiple areas. One often-overlooked issue is the property tax trap that can arise during the underwriting process, potentially catching lenders off guard. Meanwhile, the rise of AI technology is being closely watched, with some surprising results from tests of AI engines providing mortgage recommendations. The results showed that, despite the advanced technology, the suggestions were surprisingly traditional.

As lenders adapt to the changing environment, they are being forced to re-examine their business models and strategies. For residential lending CEOs, there are key questions to be answered in order to stay competitive. At the same time, some lenders are pushing forward with innovative approaches, such as NEXA Lending's new compensation model that offers a 100% revenue split for loan officers. However, not all efforts to drive change are succeeding, as seen in California's failure to pass defect reform legislation for condos by the deadline. These developments highlight the dynamic and often challenging nature of the real estate and lending industries.

Today's signal:
• The property tax trap hiding in your real estate underwriting (housingwire.com)
• I asked seven AI engines for a mortgage recommendation. The results looked surprisingly old-school. (housingwire.com)
• Into the crucible: Five questions every residential lending CEO should answer (housingwire.com)
• NEXA Lending launches new compensation model, touts 100% revenue split for LOs (housingwire.com)
• NEXA Lending launches new model, touts 100% revenue split for LOs (housingwire.com)
• Condo no-go: California defect reform fails at deadline (housingwire.com)