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The types of attacks ranged from malware, phishing and a zero-day hack of a vendor software which has rattled numerous bank and non-bank lenders.

Katie Mevis is the Head of North America High Growth Market at SAP, focused on delivering SAP's Intelligent Enterprise experience to its clients, and helping them achieve their vision and goals through data-driven insights and actions.

The bank suffered its third breach in three years, this time by virtue of a vulnerability in Progress Software's file-transfer system. But Flagstar is only one of many such victims.

American Bank of Oklahoma agreed to a consent order in August to settle allegations from the Department of Justice over redlining. However, the institution strenuously objected to references to the Tulsa Race Massacre in the agreement and asked that the language be stricken.

How far have these programs come in reaching their goals and how much further do they need to go?

The partner unit of the German software firm will offer its cloud-based lending platform to a range of financial businesses, partnering with Blue Sage and Ranieri Solutions for origination and servicing capabilities.

David Bholat is a non-executive director of the London Community Credit Union. He was previously head of data science (AI/ML) for Barclays U.K. and senior manager in advanced analytics at the Bank of England.

Adjustable-rate mortgages nabbed their largest share of activity in almost a year, as the 30-year conforming average inched closer to 8%, the Mortgage Bankers Association said.