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First Electronic Bank is using technology from Spring Labs to analyze its fintech partners' customer communications and identify problems.

Details regarding the settlement are sparse, but will be finalized by Sept. 30, 2024, documents show.

Net income climbed more than 11% from the first quarter, even as banks set aside more money for possible bad credit and wrestled with deteriorating office markets.

She spoke hours after a private payroll survey showed U.S. companies added the fewest jobs since the start of 2021 in August.

The 10-year Treasury yield was down by 10 basis points from a week ago, but Freddie Mac reported no movement in mortgage rates while other sources found that they were down by 7 basis points.

Cybersecurity incidents at vendors often expose their business partners to significant risk. What are the threats lenders face, and how can they strengthen their defenses?

The top five mortgage originators had an average of 162,666 originations last year according to Home Mortgage Disclosure Act data.

With Tidalwave receiving its first approvals for integrations with automated underwriting systems, its CEO explains why the current environment represents a good opportunity for a new mortgage startup.

Flagstar Bank sued Hometown Lenders for $21 million in 2023, after the lender defaulted on a $60 million warehouse line.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.

But the purchase business that brings in three times the fee size as refinancings will be the driver of the improvement for the publicly traded title underwriters.

Patrick Harker, the longest serving regional reserve bank president, will leave office in June 2025. Directors at the Fed bank have started the search for his replacement.

REV Federal Credit Union in suburban Charleston, South Carolina, plans to acquire First Neighborhood Bank in West Virginia. It marks the 15th deal this year involving a credit union buying a bank, closing in on 2022's record of 16 deals.

The new offering from United Wholesale Mortgage replaces a July through Labor Day promotion that only covered certain FHA and VA refinance products.

The Department of Housing and Urban Development affiliate is adding data elements in line with a larger industry goal and advancing other promised initiatives.

Steady purchase demand still led to a positive August according to the Mortgage Bankers Association.

In a little over a month, the company's newly appointed chief strategy officer has built out a six-person strong recruiting team.

Servicers saw their retention rate fall to the second-lowest level in 17 years, according to ICE Mortgage Technology.

The new exec is a former CEO of Sagent and Cloudvirga, and worked at Black Knight for over a decade.

The sale of the $318 million-asset portfolio comes five weeks after the Greenville, South Carolina-based company agreed to sell its investment advisory unit.