An originator finds social media support essential, while a home equity firm and a servicer find customized systems necessary to bridge gaps in off-the-shelf technology.

The technology provider is in the midst of a large reduction in spending including the dismissal of approximately 340 employees.

The division independently manages credit-sensitive loans using automated analysis of factors that could affect processing and return on investment.

Mortgage-backed securities aren't generally considered risky assets, but how SVB managed them contributed to its woes.

The announcement came as a Federal Trade Commission suit to halt the deal became more likely.

A legal filing could come as soon as Thursday, sources close to the matter claimed.

Even with the government-sponsored enterprise's statement that full appraisals are no longer required to prove value, industry participants say they will remain a tool for lenders to use when needed.

Currently, 43 states and the District of Columbia have laws allowing and recognizing RONs, but California has voiced strong opposition to any national legislation

But full year net income was more than double that for 2021, helped by an exchange of Dun & Bradstreet stock for the remaining equity in Optimal Blue.

As many had predicted, the federal regulator will be seeking to halt the acquisition by Intercontinental Exchange, according to a report from Politico.

Financial services firms are focusing on essential risk-related priorities, but must not lose sight of the importance of innovative technologies that drive business forward.

The agencies are referencing the discontinued Department of Veterans Affairs' partial claim program and Ginnie Mae's PTAP as they build out new permanent initiatives.

The deal would put housing data provided by the acquiring intelligence provider in front of lenders early in the mortgage borrowing process.

The government set forth five principles companies should follow when they use artificial intelligence. Chintan Mehta, CIO of strategy, digital and innovation at Wells Fargo, shares how one of the largest banks does it.

Long-time company veteran Joe Tyrrell is leaving and will be replaced on March 1 by Timothy Bowler, the president of ICE Benchmark Administration.

Lenders have yet to publicly address the trendy software that's made headlines for its capabilities to write creative prompts, solve complex problems and generate and repair computer codes.

The company reportedly hired Truist to broker the loan origination system, which observers have been saying all along would have to happen.

Approximately 2,350 full-time employees and contractors — some of whom did mortgage-related work — were let go, according to the credit reporting agency.

Last year, the company appeared to be on track to raise $300 million but has since reduced its target by two-thirds. 

Industry headwinds led numbers at the software and data provider downward at the end of the year, but company leaders said the unit is positioned well for a market snapback.