Data and information management

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

Hackers infiltrated a DocuSign system and stole an undisclosed number of consumer email addresses, forcing mortgage companies, banks and other financial institutions to step up their monitoring of electronic signature and e-vault providers.

Nexera Holding, which has operated as an online lender under the name Newfi, is applying that branding to the company as a whole.

President Trump on Thursday signed an executive order to reinforce the country’s cybersecurity defenses, a move that financial institutions view as a positive step toward creating a more resilient financial system.

The IRS will allow Fidelity National Financial to distribute its entire stake in Black Knight Financial Services to FNF Group shareholders in a tax-free transaction.

Thomas H. Lee Partners is selling approximately 13% of its stake in Black Knight Financial Services in a secondary public offering.

ExactBid has released new automation that allows exchanges of information between its lender appraisal-workflow technology and its appraiser reporting system.

Many loan officers don't have an online presence, and a lot of those who do have neglected to correct errors and inaccuracies in key information, technology vendor Yext finds.

Black Knight Financial Services has added an application program interface to its loan origination system that will allow consumers and loan officers to access it more easily through mobile devices.

Robotic process automation makes cumbersome loan manufacturing tasks more efficient and consistent, providing lenders and servicers with an opportunity to focus employees on activities that enhance the customer experience and increase capacity.

By replicating human tasks, robotic process automation technology is driving scale and efficiency in loan manufacturing.

Embrace Home Loans created a digital marketing division as more potential customers are researching their lending options online.

Large banks will gain the advantage in offering online mortgages because of their greater financial resources, pricing capabilities and cross-selling ability, Fitch Ratings said.

loanDepot has invested $80 million in a three-part digital lending platform called mello and is opening a 65,000-square-foot technology campus in Irvine, Calif.

Lenders can track the effectiveness of product pricing changes on a real-time basis using a new market share analytics tool from Optimal Blue.

Fintech could cut the closing times on the simplest home loans by more than 50%, but the mortgage business' complexity means there are limits to how much time and money can be saved.

Fannie Mae has selected electronic document management vendor eOriginal to host the government-sponsored enterprise's new electronic vault.

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.

The monthly prepayment rate declined in January, an indication of the effects of higher interest rates.