The credit score firm partnered with Plaid to bring additional cash-flow data into its previously released UltraFICO score.
Sarah Woodard is Director of Insurance Product Management at InvoiceCloud, Inc., where she leads development of digital payment and disbursement solutions for insurance carriers. She brings a strong background in product management, program leadership, and systems engineering across the insurance-tech space. Prior to her current role, she held positions including Product Manager at New Relic, Inc., and earlier roles in systems and project management. Sarah holds both bachelor's and master's degrees in engineering from Worcester Polytechnic Institute.
Sarah Woodard is Director of Insurance Product Management at InvoiceCloud, Inc., where she leads development of digital payment and disbursement solutions for insurance carriers. She brings a strong background in product management, program leadership, and systems engineering across the insurance-tech space. Prior to her current role, she held positions including Product Manager at New Relic, Inc., and earlier roles in systems and project management. Sarah holds both bachelor's and master's degrees in engineering from Worcester Polytechnic Institute.
Even to the detriment of greater profits, the sector is offering ultra-low terms via temporary buydowns combined with larger forward commitments.
Origination has picked up but has limits, retention rates are improving and stakeholders are seeking a recapture standard, experts at an industry meeting said.
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Even to the detriment of greater profits, the sector is offering ultra-low terms via temporary buydowns combined with larger forward commitments.
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Federal Reserve Gov. Stephen Miran argues that banks holding excess reserves are keeping the central bank's balance sheet bigger than it should be, and suggested that regulatory changes could help bring those reserves down.
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Travis Hill's nomination to lead the Federal Deposit Insurance Corp. was recommended favorably by the Senate Banking Committee to the full Senate Wednesday morning in a 13-11 party-line vote.
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Consecutive weeks of mortgage rate increases resulted in a 5.2% decrease in mortgage loan application volume, according to the Mortgage Bankers Association.
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Equities move through a stack of intermediaries, from custodians and clearing firms to brokers. Figure's blockchain structure aims to cut out third parties.
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In order to believe in the idea of "competition" in credit scores, the Washington housing community must believe that large institutional investors who buy whole loans and mortgage-backed securities are really, really dumb, writes the Chairman of Whalen Global Advisors
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The truth is straightforward: the VantageScore 4.0 credit score outperforms the outdated FICO Classic credit score for mortgage, writes the chief data scientist at VantageScore.
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VantageScore's claims of outperforming Classic FICO rely on flawed methods and biased comparisons that overstate its impact, according to analysts from AEI Housing Center.
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.
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.
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ON-DEMAND VIDEORecapture strategies from a subservicer perspective -
ON-DEMAND VIDEOKC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.
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ON-DEMAND VIDEOThe markets are waiting for the Federal Open Market Committee to make its next move.
