The expanded credit access in its automated mortgage decisioning goes into effect in mid September.

The two-pronged agreement also will add Figure's mortgage servicing rights onto Sagent's platform.

The company's expanded portfolio through its acquisition spree drove revenue, representatives said.

The deal comes just days after Figure closed on a capital raise that valued it at $3.2 billion.

New customer growth and increased adoption of a digital workflow by mortgage lenders resulted in better than expected results for the Intercontinental Exchange unit.

Borrowers reacted positively to the increased interaction and engagement resulting forbearances and payoff requests, J.D. Power found.

The tool is designed to help lenders adjust their underwriting to address the growing faction of non-W2 employees, which is expected to make up half of the workforce by 2027.

The MISMO protocols are aimed at ensuring nothing is lost in translation when information about billing, late payments and related processing moves to a new system.

The potential amendments could expand coverage but also add new record-keeping and systems requirements for large banks handling custodial accounts.

The newly public technology provider will use community and industry partnerships to give banking access to historically underserved communities.

The company's Series A funding round, led by Sequoia Capital, added $165 million in capital, which will allow it to expand its home buying operations into more states.

The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.

The cloud-based mortgage software company plans on trading on the New York Stock Exchange with a starting price of $24 to $26 per share.

Forgoing traditional mortgages by buying homes outright is turning into a 2021 trend, and businesses are stepping in to facilitate these purchases.

The software provider’s offering hit the top of its price range estimate and started trading at $18 per share.

One provision calls for the Consumer Financial Protection Bureau to look at unfair, deceptive or abusive acts and practices regarding competition.

The new deal will remove manual bid taping and automate secondary loan sales directly on the Encompass platform.

For the first time, the FDIC, Federal Reserve and OCC have combined efforts to advise banks on risk management procedures when working with nonbank partners.

The White House is calling on the Department of Justice and federal regulators to give bank deals more scrutiny as part of a broader executive order meant to encourage competition across the U.S. economy.

This is the second acquisition in the private equity firm’s newly established technology vertical.