The move builds out a fee-based resolution for certain loan flaws piloted in 2024, which was set for a full 2025 rollout prior to changes in federal leadership.

The wholesale lender dubbed the development a "huge win" for itself and the broker community.

The challenger bank exceeded analysts' expectations in income, revenue and earnings per share.

The fraudsters aren't doing anything new or sophisticated, but are successfully using familiar tactics, said reports from CertifID and FundingShield.

A National Mortgage News/Snapdocs survey of 100 lenders found 90% use some form of what could be considered a digital closing, up from 74% two-years ago.

The way mortgage firms address distressed military borrowers will become less regimented as the Veterans Affairs Servicing Purchase program gets phased out.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago.

The deal comes as Blend also introduces a new division dedicated specifically at serving independent mortgage banks, rolling out features with Crosscountry.

Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs.