Data and information management

Fannie Mae's Day 1 Certainty initiative and automated verification tools at Freddie Mac are set to improve mortgage loan application defect and misrepresentation risk in 2017, according to a report from First American Financial Corp.

Loans originated in the third quarter were among the highest in credit quality since 2000, according to CoreLogic.

While depository mortgage lenders should exercise some caution before welcoming trended data and alternative credit scoring into their process, they must become inclusive or face losing market share to newer industry players like SoFi.

Many consumers without traditional credit scores have nearly identical risk profiles to those who can be assessed the conventional way, representing an untapped market, according to a report by VantageScore.

Data aggregation and analytics platform provider Envestnet-Yodlee has created a new automated mortgage asset verification product.

The Mortgage Industry Standards Maintenance Organization is proposing a standard for the maintenance and sharing of commercial and multifamily real estate rent-roll information.

Personal information for roughly 480,000 people was exposed in two separate privacy incidents earlier this year involving the U.S. Department of Housing and Urban Development's website.

Donald Trump’s stunning upset in the presidential race is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.

Mortgage brokers were among the companies that received the regulator's warning letters, but brokers are not required to report HMDA data — leading many to suspect mini-correspondents, which straddle the line between broker and lender, were the recipients.

The CFPB sent letters Thursday to 44 mortgage lenders and brokers warning them of potential reporting violations related to their mortgage lending activities — infractions the bureau is increasingly pushing lenders to take seriously.