Data and information management

One lawsuit has already been filed against Equifax in the wake of its massive security failure. But that’s the just beginning of the consequences for the credit bureau and the banks that use it.

It's not just Equifax that needs to worry. The incident can and should be a turning point for the financial services industry, a warning that it needs to end its reliance on static personal identifiers.

Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers in what could be one of the largest data intrusions.

It’s highly debatable whether the artificial intelligence engines that online lenders typically use, and that banks are just starting to deploy, are capable of making credit decisions without inadvertent prejudices.

Freddie Mac has gotten the green light for its appraisal alternative for purchase loans, and has released information about how similar automated collateral evaluations for refinances have performed.

With condominium lending rising, CoreLogic is now offering lenders self-service access to its condominium project review data service.

Using historical patterns to predict the next financial success or crisis seems rational. But beware the human psyche’s tendency to concoct order out of randomness.

A decline in overall customer brand perception has stalled mortgage servicer satisfaction, ending a multiyear trend of steady improvements, according to J.D. Power.

Borrowers can now self-serve when submitting application information at U.S. Bank, but the bank also has proprietary technology aimed at keeping loan officers looped in to help with product selection.

FNF Group has acquired Real Geeks to target single real estate agents unaffiliated with a team.

CoreLogic's second-quarter net income increased 2% over the previous year on higher operating income from improvements in productivity.

From automated applications that borrowers can complete on their own, to data-mapping that speeds up the underwriting process, here's a look at strategies that can help lenders close loans faster.

Fannie Mae and Freddie Mac's efforts to provide representation and warranty relief to lenders that perform automated data validations before loans close will improve mortgage credit risk assessment and lower costs for lenders and borrowers.

If you borrowed to buy your home, chances are TheNumber knows a good deal about you.

LendingTree has added property valuation data to its My LendingTree site, showing consumers how much equity in their home they can tap.

CoreLogic is acquiring appraisal technology company Mercury Network from Serent Capital just two years after the San Francisco-based private equity firm purchased it.

Real estate site Zillow is launching a $1 million competition among data scientists to improve its "Zestimate" home valuations, but said the crowdsourcing initiative is unrelated to recent lawsuits filed in Chicago against the company.

Homeowners insurance agencies are embedding their policy-underwriting technology into mortgage companies' origination and servicing systems in a bid to chase the same customers together.

Incenter Mortgage Advisors is brokering a $2 billion portfolio of mortgage servicing rights on agency loans with imaged files on behalf of an undisclosed seller.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.