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The path to artificial intelligence implementation can be costly and arduous. Are financial leaders reaping the benefits?

The credit reporting agency is trying to get a CFPB lawsuit dismissed by claiming the consumer bureau didn’t sign off on a 2017 consent order for the same violations.

Mortgage lenders are increasingly relying on third-party data to determine the amount of incentive to offer.

Low-income housing tax credits that incent the creation of affordable apartment units have provisions that make buildings less susceptible to damage from natural disasters, but they’re not consistent, Freddie Mac found.

Earnings posted by the two bank holding companies show increased production on a quarter-to-quarter basis, although gain on sale sank at both.

Historical statistics examined by Standard & Poor’s suggest the two servicing trends, which widespread use of forbearance intensified and highlighted in the past two years, may have some staying power.

Largely, economists surveyed agreed with the decision by the Fed to continue to raise interest rates to slow inflation.

Builders across the U.S. have been cutting prices and offerings deals so houses don't sit empty.

The firm, which owes warehouse lenders approximately $418 million, has already been granted by a federal judge $175 million in debtor-in-possession financing by PIMCO and Barclays Bank to fund loans in its pipeline.

Katie Jones is the third woman added to the GSE’s chief officer ranks in the past year.

Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.

But the Mortgage Bankers Association still expects the dollar volume of purchase originations to increase from 2022 to 2024 compared with 2021.

Bank of America is keeping to its original hiring plans despite challenging economic conditions that have prompted others to pull back, Chief Executive Brian Moynihan said.

The East Texas lender and Seattle-based startup are the latest industry firms to terminate staff members in a cycle that has left thousands of mortgage professionals unemployed.

The current 30-year rate is now nearly double its average from a year ago.

Mortgage rates have pushed up costs to buying a new house even more.