Industry guidance remains slim, but originators said they're not exposing personally identifiable information in their use of the chatbot.

Both the plaintiffs and the bank filed a motion for the federal court to reconsider the settlement, which was reached in mid- 2022, but the judge responded that neither party articulated "sufficient reasoning to meet the high bar."

The Washington-based company claims its ex-workers breached their employment agreements when they departed to the California-based rival and induced colleagues to leave.

The branch, which has close to a dozen employees, hopped from its old employer, Motto Mortgage, to its most recent employer in mid-December, but only stuck around for half a year.

Ally, Truist, Citizens and SoFi are among the banks that offer student loan repayment benefits. The recent Supreme Court decision striking down President Biden's loan forgiveness plan could give a leg up to companies that provide such assistance to their employees.

Construction is heating up, but just 40% of new units are single-family residential properties, the firm's data analytics arm said.

Fannie Mae's Home Purchase Sentiment Index recorded a little more optimism in July.

The Black Knight-owned product and pricing engine was one of the reasons the Federal Trade Commission said it is contesting the transaction, which is now in court.

Plaintiffs claim executives made a series of misleading statements in spring 2021, as the industry giant began to face headwinds in originations.

Nationwide Property & Appraisal Services announced Friday the purchase of Integrity Appraisal Management.

Churchill Funding is accusing Easy Financial of reneging on a master purchase agreement both companies signed in 2020.

This agreement comes approximately one month after the REIT agreed to buy Arlington Asset Investment.

It's the second lawsuit in the past two months that the New Jersey-based lender has filed against a former branch manager for a six-figure retention bonus.

The industry veteran, who most recently ran Finance of America, is advising mortgage shops on how to survive a mortgage contraction.

Also, Fannie Mae on climate risk and a non-QM product lenders are loving right now.

The transaction for the lending specialist ends a joint venture with Serva, which is a relocation services company.

The company, which is winding down operations, is seeking over $4.6 million from seven industry partners.

Yellen said that she sees diminishing risk for the U.S. to fall into recession, and suggested that a slowdown in consumer spending may be the price to pay for finishing the campaign to contain inflation.

We surveyed 87 professionals at mortgage companies to find out what's on their tech agenda for this year, including investment plans and thoughts on transformational tools. Here's what we found out.

A subsidiary pushed its tender offer to buy outstanding shares by June 27 further out after a small percentage of stockholders failed to accept by the original expiration date.