Mortgage technology

Companies' new uses for AI, regulators' responses to past cyber incidents and wider acceptance of digital collateral were among the year's top developments.

The scorecard the Federal Housing Finance Agency draws up yearly applies to two influential loan buyers and an entity overseeing the fungibility of their bonds.

The Federal Housing Administration is suggesting servicers get early access to the funds they have advanced at a time when many T&I payments have been high.

The senior vice president who played a key role in instituting an industry scorecard passes on some insights with future relevance as she prepares to depart.

Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.

PHH Mortgage announced it will be using the San Francisco-based technology company's Mortgage Suite, including Loan Officer Toolkit and Blend Close.

Using homeowner data available on ICE's servicing platform, the integration can prompt users to use a self-guided appraisal valuation tool.

Mortgage lenders can now submit loan information through VA's new management system, replacing the need for email submissions.

An interest rate drop spurred an unusually high number of recently originated mortgages to prepay, and one loan type proved to be particularly reactive.

Lenders have 36 hours to notify HUD of incidents, similar to Ginnie Mae's stringent 48-hour window.

The news comes weeks after the servicing fintech announced its latest venture capital raise.

In a wide-ranging interview, Tim Bowler, president of ICE Mortgage, discusses his views of the road ahead, the most crucial aspects of servicing distressed homeowners and why he took a mid-career role as an intern.

Listing the changes already made to its business model in his first 90 days, CEO Ryan Marshall said Voxtur could be EBITDA positive if trends hold in 2025.

Artificial intelligence makes it easy to customize messages and look at loan options but it can present problems if guidelines are overlooked.

Those who don't retain MSRs or have a buyer agreement accommodating a recapture strategy will face challenges, one panelist warned at an industry meeting.

The two-day intrusion into the lender and servicer's systems in August may have compromised customers' Social Security numbers.

The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.

California lender Synergy One recently rolled out Synergy GPT, an enterprise AI bot, and is looking to further expand its technology use cases in 2025.

Flueid, which provides verification of title services, has raised $8.3 million of new capital, with lead investor LiveOak Ventures along with Gilbert's Detroit Venture Partners.