The electronic partnership platform technology under development by BCE Emergis for use on Freddie Mac's loanprospector.com website will use technology developed by General American Corp., Pittsburgh.After a two-year collaboration with Freddie Mac, GAC announced that Freddie will use a customized version of GAC’s Gators Web-enabled software package as a foundation for the mortgage services it provides through its portal. The platform offers mortgage processing and closing tools that use the Internet to provide cheaper, more efficient access to third-party services needed to process, close, and fund mortgage loans, GAC said. BCE Emergis, an e-commerce services company based in Quebec, Canada, acquired the online technology tools from Freddie Mac and will manage their development, implementation and operation. GAC can be found on the Web at http://www.gatorsystems.com.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










