Genworth Financial's mortgage insurance business, which had slipped in market share, has more certainty about its future prospects after a federal government committee approved the holding company's acquisition by China Oceanwide.
Ranieri Solutions, a fintech investment firm in the mortgage space, has partnered with blockchain and smart contract company Symbiont to explore opportunities to implement blockchain technology in the mortgage industry.
Equifax continues work to add new security features and restore full access to The Work Number following a report highlighting potential security vulnerabilities in a browser-based portal of its employment verification service.
Recently exposed security vulnerabilities in an Equifax tool used extensively in the mortgage industry are raising new questions about the reliability and veracity of the beleaguered credit bureau's employment verification service.
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.