Data security

The agency's vote Thursday threatens to block many of the industry's communications with customers, though banks did win one concession.

Wells Fargo hired two seasoned veterans for their mortgage technology and data security expertise amid a digital era for financial industries.

First American Financial Corp. tumbled the most in nearly eight years amid concerns that a security flaw at the title insurer may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003.

The sale of Lisa Kloid's Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.

First American Financial may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003, according to a security researcher.

First-quarter operating revenue in Equifax's Mortgage Solutions unit was the lowest it's been for the fiscal period since 2016, and the company anticipates declines in this division will remain a concern.

Lenders must do more to address the safety of borrowers' personal information as digital mortgage strategies spread and regulatory scrutiny increases.

A newer set of issues and opportunities presents itself for those embracing technology, involving everything from business strategy to cybersecurity.

The 2020 budget would add the Consumer Financial Protection Bureau and FSOC to congressional appropriations, charge lenders for FHA upgrades and require universities to have skin in the game on student loans.

The Money Source has filed three provisional patent applications as part of its efforts to develop new innovations in mortgage servicing, including the use of blockchain technology.