Bowman Gould Hauptman Hill

In a relatively mild oversight hearing in the House Financial Services Committee Tuesday morning, regulatory heads at the Federal Reserve, Office of the Comptroller of the Currency, National Credit Union Administration and Federal Deposit Insurance Corp. outlined plans for reduced capital requirements and debanking enforcement.

Sign up for Newsletters
Get the must-read stories and valuable insights delivered directly to your inbox.
  • Daily Briefing
    Delivered Every Weekday
    Ideas that impact your business delivered to your inbox every day.
  • Origination Bulletin
    Delivered Every Weekday
    Headlines, marketing tips, and opinions for loan officers and origination sector professionals.
  • Servicing Bulletin
    Tuesday, Thursday
    Insights and perspectives for the mortgage servicing professional.
  • Technology Bulletin
    Thursday
    A roundup of the latest headlines and opinions on the mortage technology sector.
visualization

Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like.

Fraud word concept on cubes

There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.