Spencer Lee

A multiyear agreement will enable Mphasis to use AWS platforms for modeling industry-use cases, especially concerning data extraction and document processing.

Lumber prices climbed higher for the first time since July, but prospects for single-family construction to grow look promising based on early-year data.

A new Federal Reserve analysis finds rising debt-to-income and loan-to-value ratios over the past two years, while credit scores largely remained the same.

The downward trend comes as servicers and agencies continue to implement programs aimed at keeping borrowers in their homes.

While refinances surged, a subdued purchase market resulted in flat borrowing activity for a third straight week, according to the Mortgage Bankers Association.

Also, Argyle, Two Harbors add mortgage tech experts to boards, Planet Home expands sales team and Calque names its CEO.

After gaining access to On Q systems via vendor software, unknown parties were able to obtain and remove client personal information, including Social Security numbers.

Since the launch of vacant-loan sales, a majority have come from properties located in 10 states, HUD reported.

Despite signs of inventory returning, prices and loan amounts are trending higher this year, according to data from the Mortgage Bankers Association.

The Bluegrass State joins 20 others in passing legislation against the non-title record agreements, which frequently lead senior citizens into granting long-term exclusive sales rights to businesses.