Mortgage technology

Cybersecurity precautions often focus on preventing a data breach. But what if those precautions aren't enough? Here's a look at steps lenders and servicers can take now to prepare their response in the event of a catastrophic data breach.

Automated underwriting and compliance services provider LoanScorecard has released a new product and pricing engine for portfolio lenders and originators.

Xerox Mortgage Services will change its name as it becomes a part of Conduent, the company that will incorporate Xerox's business process outsourcing division.

With the myriad home price indices available to the mortgage industry, it's difficult to determine which offers the most cost-effective insights about a particular market. Granularity is a key selling point, but not a one-size-fits-all solution.

Converting millennials from renters to homeowners is proving difficult, but here are steps lenders can take to get this generation on board with buying.

Two decades of experience with offshoring has shown that shifting operations work from knowledgeable, local workers to people in another country with oftentimes limited training comes with risks — of errors, of misunderstandings and of security lapses.

United Wholesale Mortgage has rolled out a new tool that allows mortgage brokers to receive automated income verification.

Multichannel loan origination system provider OpenClose has added a rate sheet generator to its product and pricing engine.

Artificial intelligence like IBM's Watson may not make bank compliance officers obsolete, but it could mean far fewer of them will be needed in the future, focused on higher-level tasks.

IBM will purchase Promontory Financial Group — a consultancy so influential it has been dubbed the industry's "shadow regulator" — in a move that could extend artificial intelligence into every aspect of banking.

The jury is still out on whether new sports stadiums are economic engines for their communities. But when it comes to housing alone, new stadiums are a boon for local home sales, but don't always contribute to home price appreciation.

Sperlonga Data & Analytics has begun reporting homeowner and condominium association payments and account statuses to Equifax.

Now that Fannie Mae requires trended data credit reports for its automated underwriting system, will other secondary market players follow suit? If so, how soon?

Fannie Mae employees will be working this weekend to update the agency's automated underwriting machine to process trended data for the first time.

The National Association of Realtors has partnered with VA Loan Captain to create a platform designed to help its members better serve the needs of military and veteran homebuyers and sellers.

The granular data and quick decisions that can help field a winning fantasy football team have a lot in common with the analytics tools that mortgage lenders use to monitor and evaluate their operations.

It may take several years, but the Rural Housing Service is on a path to modernize its single-family program and give lenders more responsibility for approving and closing loans.

Altisource's default software subsidiary Equator has launched a new suite of tools for real estate agents to provide insight into the market of bank-owned properties.

Altisource has expanded its offerings to include foreclosure auction services.

First American Financial Services has reached an agreement to acquire RedVision Systems, one of the largest independent providers of title and property research nationwide.