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A bot from nCino lets people in the commercial lending department quickly find information in loan documents and in policy manuals that are hundreds of pages long.

Specialized Loan Servicing, now Shellpoint, allegedly failed to send post-bankruptcy consumers monthly statements on dormant second mortgages, the suit claims.

Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.

Underwriting methods have been steadily shifting to traditional full documentation, which accounts for 13.3% in the VERUS 2024-9, KBRA said, its largest share since VERUS 2024-6.

Mortgage trade groups have vowed to reintroduce the trigger leads bill next year.

Paul Atkins, a noted critic of the Consumer Financial Protection Bureau, will join the Financial Stability Oversight Council, where he will play a role in shaping housing policy.

President-elect Donald Trump is nominating Frank Bisignano, the chief executive officer of fintech and payments company Fiserv Inc., to be the commissioner of the Social Security Administration.

The Federal Reserve chair is not concerned about President-elect Trump nominating his successor well in advance of the end of his term in 2026, saying he is "confident" he will have a productive relationship with the next Treasury Secretary.

The development marks another step in eNote adoption at government housing agencies following an announcement allowing commingled Ginnie Mae securitized pools earlier this year.

Rep. French Hill, R-Ark. — one of the leading contenders to chair the House Financial Services Committee next year — focused on 'debanking' of crypto and other companies in his questions to the witnesses.

The credit rating agency believes that mortgage rates will decline in the year ahead, helping to spur lending activity.

The group is calling for the Trump administration to preserve certain features if it picks up where it left off and finishes cutting ties to the Treasury.

Lenders have 36 hours to notify HUD of incidents, similar to Ginnie Mae's stringent 48-hour window.

Fading rates pushed home loan activity to its fourth consecutive week of gains.

Both companies have mortgage joint ventures with Rate, while @properties' attorney-driven title unit expands on Compass' existing agent-focused business.

A key update of secondary market scores is set to reach the finish line in 2025 but the outlook for whether its current trajectory will continue is mixed.

In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.

Rocket Mortgage is also allowing customers to use automated valuation models in lieu of appraisal for loans up to $400,000.

The news comes weeks after the servicing fintech announced its latest venture capital raise.

In a wide-ranging interview, Tim Bowler, president of ICE Mortgage, discusses his views of the road ahead, the most crucial aspects of servicing distressed homeowners and why he took a mid-career role as an intern.