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The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.

The Hammond, Louisiana, company, which announced changes to its business strategy, cut 71 jobs and reduced its dividend to 8 cents per share.

Increasing immediate volume and preparing for future volume are drivers for a ramp up in LO hiring, mortgage lenders say. Recruiters warn, however, that operations professionals should also be hired to avoid bottlenecks in production.

The embattled Long Island-based bank announced the hiring of nine new senior executives. Most of them have ties to CEO Joseph Otting, who previously held the top job at the OCC and OneWest Bank.

Iannitti co-founded the document company in 1987 and later took a leading role in promoting eMortgage process adoption.

Hugh Frater was one of four appointed to the Bipartisan Policy Center board, along with former Philadelphia Mayor Michael Nutter, a co-chair of its Housing Council.

Gow's addition is the latest major leadership development at the firm, which also named a new chairman and CEO this year but saw the recent departure of its chief technology officer.

Rocket Mortgage relied on a biased appraisal when it denied a borrower's refinance application in Denver three years ago, the housing agency claims.

A federal appeals court ruled that the Equal Credit Opportunity Act prohibits not just outright discrimination but also the discouragement of prospective applicants for credit.

While cost cutting days are not over, mortgage lenders are emphasizing recruitment and retention, a Fannie Mae survey found.