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Over 111,000 distressed mortgage holders opted into a loan modification program during the COVID-19 pandemic by using a designated digital platform or app, according to Black Knight.

Industry guidance remains slim, but originators said they're not exposing personally identifiable information in their use of the chatbot.

The chattel financing firm's cash infusion is in addition to a $15.5 million venture round in 2022 and a Series A earlier this year.

Delinquencies are balanced by low loan-to-value ratios, which could result in more favorable recoveries in the event of defaults.

The implementation plan the Biden administration released on Thursday seeks to shift liability for data breaches onto "the biggest, most capable" entities. Does that mean banks?

However, both Zillow's and Optimal Blue put the 30-year fixed mortgage lower than where it was seven days prior.

The interactive tool can answer consumer questions about the mortgage process, explain the difference between products and give an approximate quote.

Both the plaintiffs and the bank filed a motion for the federal court to reconsider the settlement, which was reached in mid- 2022, but the judge responded that neither party articulated "sufficient reasoning to meet the high bar."

Americans are so desperate to break free from credit card, mortgage and auto loan debt that they'd resort to dangerous deeds, a survey by Beyond Finance found.

The Washington-based company claims its ex-workers breached their employment agreements when they departed to the California-based rival and induced colleagues to leave.

But the volume of activity for distressed properties is still lower than the historic norms, Attom Data Solutions said.

Mayor Michelle Wu is offering hefty tax breaks to companies to turn offices into housing, the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.

Eligible customers would receive a credit of up to $5,000 that can be put toward expenses like closing costs, or used to secure a lower interest rate. It's the latest example of a bank launching a program aimed at extending credit to minority borrowers.

The newest participants in the blockchain-focused lender's private-label lending business are CMG Financial, CrossCountry Mortgage, Fairway Independent Mortgage and The Loan Store.

A decline in refinances was offset by a rise in purchase loans, largely among government-guaranteed programs, according to the Mortgage Bankers Association.

The branch, which has close to a dozen employees, hopped from its old employer, Motto Mortgage, to its most recent employer in mid-December, but only stuck around for half a year.

Nevada also approved similar legislation in June, with permanent policies now in place in over half of all U.S. states.

The sixth annual ranking seeks to identify and celebrate the best employers in home lending.

Ally, Truist, Citizens and SoFi are among the banks that offer student loan repayment benefits. The recent Supreme Court decision striking down President Biden's loan forgiveness plan could give a leg up to companies that provide such assistance to their employees.