6.16.25 Borrower Approval Rates; TRUE's Steve Butler on Background AI; Headlines Without Movement

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today’s episode, we go through which states approve the most and least borrowers. Plus, Robbie sits down with TRUE’s Steve Butler for a discussion on the next evolution of “background AI” in mortgage tech: from cutting decision times to minutes, enabling instant pre-approvals, exposing the hidden costs of partial AI solutions, and what’s ahead in reshaping the future of lending. And we close with a look at why all the news headlines aren't really moving mortgage rates.Thank you to TRUE and its Mortgage Operations Service (MOS) platform, which transforms borrower documents into instant, trustworthy data for real-time decisioning. TRUE cuts time to critical loan events from days to minutes by using background AI workers to instantly validate data and automate underwriting decisions.