Data security

As the war for talent heats up and lenders face tougher decisions in recruiting and hiring loan officers, the need to deploy certain tactics might seem appealing, but will ultimately create more problems than they are worth.

There should be contractual agreements in place between mortgage companies and loan officers that clearly define what, if any, customer information loan officers can bring from former employers to new ones.

Land title insurers using mobile devices for business often misunderstand how much sensitive personal information they're holding, posing a big data security — and regulatory — problem.

Data breaches have become scarily commonplace. But even small financial institutions can take action to thwart hackers and minimize losses.

A jury awarded Mount Olympus Mortgage Co. more than $25 million in a lawsuit alleging "corporate espionage" by former employee Benjamin Anderson and his new employer, Guaranteed Rate.

The rise in technology use can open the door for all variations of fraud and theft, but companies can look to existing tools as models in the battle against criminal forces.

A small Connecticut bank takes the plunge into mobile-friendly mortgages in a bid to turn an attractive pool of student-loan borrowers into lifetime customers.

The technology giant and the federal government both have vested interests in protecting customer and proprietary information. Making concessions for any will set a dangerous precedent to make concessions for all.

The Consumer Financial Protection Bureau's indirect response to Quicken Loans' Super Bowl 50 commercial implicitly warns consumers to be wary of technology, which points to a bigger problem: does the CFPB even know what it wants from the mortgage industry?

The mortgage industry can better manage disparate regulatory requirements with a comprehensive approach that streamlines compliance.

Tech-enabled shortcuts that borrowers might assume are harmless — or what loan officers, real estate agents and borrowers consider good customer service — may in fact lead to very risky, or even illegal, habits.

In one instance, a single complaint in the Consumer Financial Protection Bureau's database was counted as 35 different ones while in another, a complaint against a payday lender was filed against an unrelated bank. Current and former officials say that's par for the course, leading to inflated complaint numbers and inaccurate data.

While national mortgage fraud risk is on the decline, here's a look at six markets where loan defects are rising.

Combined with the disparate impact theory, recently recognized by the U.S. Supreme Court under the Fair Housing Act, the HMDA rule further compounds legal risks and business challenges to lenders.

At #MBATech15 in Orlando, #TRID was on the tip of everyone's tongues. But other conversations also took place, centering largely on how technology adoption can make up for lost time and what future IT infrastructures will look like.

ReverseVision has created an operations team within its company to improve its capacity management about a month after its RV Express system's last reported outage.

Bondholders in CMBS with exposure to Macerich Co. would be wise to watch how Simon Property Group's $22.4 billion bid for the mall operator unfolds.

Authorities unsealed a 40-count indictment against six individuals who allegedly targeted distressed homeowners with the false promise of loan modification services following the 2008 financial crisis.

Compliance with data security requirements can be affected by the layout of your office.

A new service allows mortgage servicers and investors to identify the risk of homeowners association "super liens."