Mortgage technology

Intercontinental Exchange Inc. can move forward with its takeover of Black Knight Inc. after the U.S. Federal Trade Commission accepted a binding settlement that will see key mortgage software products sold to rival Constellation Software Inc.

The mortgage technology companies finalized an agreement with the Federal Trade Commission that permits the controversial deal to proceed.

The company plans for the exchange to soon have its first loans committed for co-issue transactions, increasing options in an evolving segment of the market.

The ledger technology can make artificial intelligence systems more transparent, some industry stakeholders say.

The lender, which endured two difficult years of limbo before its listing, is touting a capital infusion of at least $550 million as a key to future growth.

Ransomware attacks are an increasingly significant threat to the home finance industry.

BofA's fintech accelerator launch and Guaranteed Rate's new insurance offering via a brokerage spinoff are among the latest fintech stories.

Several lenders have debuted artificial intelligence chatbots to help their customers through the homebuying process. What makes them stand out from the OpenAI phenom?

The fintech is reducing its sales and marketing expenses and promoting a healthy pipeline of consumer banking products, representatives said.

While policymakers have warned lenders they will be on the lookout for potential fair lending violations, the lack of current rules means many companies are trying to determine best practices on their own.

One in eight appraisal-related fees are covered by lenders, a survey conducted by Stratmor Group found.

The group represents the fourth class of startups in the history of the program and the first since the home lender's merger with New York Community Bank late last year.

Negotiations are ongoing, but the legal move ends the restraining order trial in federal court scheduled for Aug. 14.

Lender Toolkit provides services to support ICE Mortgage Technology's Encompass platform, along with artificial intelligence software.

The new technology expands the capabilities of automation used to obtain digital transcript information from self-employed borrowers.

Companies that don't use the technology on average pay $1.76 million more and take 108 days longer to respond to incidents than firms that utilize it.

But its mortgage business remains a money loser, and it wasn't a great period for the acquisition target either.

The deal is expected to help Stavvy further growth of digital self-service loss-mitigation options for borrowers and their lenders.

Originators said they appreciate the easy sign-up and are optimistic after the social media app's rapid growth.

The company also has been upgrading technology to manage its large servicing portfolio, which, with pending additions, is within reach of Chairman and CEO Jay Bray's $1 trillion goal.