The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.

Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages.

ETHZilla partnered with Zippy to bring manufactured home chattel loans on-chain as tokenized real-world assets.

The rent reporting platform says it's helped tenants raise their credit scores by double digits and unlocked $30 billion more in mortgage lending.

The House Financial Services Committee discussed allowing banks to experiment with artificial intelligence with a waiver from regulatory penalties, including consumer protection laws, in a hearing.

A former employee cited a ransomware gang's claim in October that it stole 20 terabytes of sensitive customer information from the industry vendor.

New rules means sellers and servicers will need to have plans demonstrating proper oversight of their artificial intelligence and machine learning practices.

BTIG is waiting with "baited breath" for Fannie Mae and Freddie Mac to relist their common stocks, but if spreads widen, it could derail it from happening.

Bank statement loans, a home equity credit card and a blockchain investment product are among the new offerings designed to reach an $11 trillion market.

Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average.

The wholesale lender fell victim to a data incursion two years ago in a months-long period marked by several high-profile cybersecurity incidents.

The Troy, Michigan-based lender and servicer faces at least seven lawsuits over a hack in June allegedly perpetrated by a known ransomware gang.

Flood Quotes and the Flood Insurance Portal allows users to compare quotes and purchase policies directly through the platforms.

Ringcentral claims the direct-to-consumer lender breached a 2021 contract for telephone services to help facilitate up to 1.3 million calls a day.

Perceived risk among lenders may result from a struggle to fully understand what the technology can and won't do as advocates tout its efficiency and speed.

Saul Van Beurden, Wells Fargo's consumer banking CEO and former head of technology, will lead the way on harnessing artificial intelligence.

The vendor, SitusAMC Group Holdings, LP, said in a statement Saturday that someone compromised its systems and took client data including "accounting records and legal agreements." 

Renters can now enroll in CreditClimb through Zillow to have their on-time rent payments reported to the three major credit bureaus.

The credit card will provide borrowers points for making their normal monthly mortgage loan payments and for the purchase of home products and services.

The credit score firm partnered with Plaid to bring additional cash-flow data into its previously released UltraFICO score.