Technology

Four new mortgage acquisitions show how companies in home finance are prioritizing advanced technology in what has turned into the year of consolidation.

The lending arm of the home builder giant says it was hit this spring with two separate social engineering-based hacks that it believes were unrelated.

Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.

The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.

Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.

The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.

AD Mortgage's news survey finds 82% expect AI to transform the industry, and relationship skills will decide who wins in 2027.

The lender posted another deep eight-figure loss in the second quarter, and will miss a breakeven goal later this year, interim CEO Daniel Lewis said.

As generative and agentic AI gain traction, the possibility of model drift grows, with consequences ranging from poor loan decisions to reputational hits.