CEO Thomas Cangemi is pushing to modernize a bank that for decades was focused largely on multifamily lending. The company has already agreed to buy the mortgage lender Flagstar Bancorp and its partnership with Figure Technologies, a blockchain-focused fintech, has the potential to make that acquisition more productive.

The lending technology provider currently has 37,741 decisioning steps or pivot points on its platform.

Protecting consumers from cyberthreats and monetary loss should be paramount for every lender and title company. Here's how to get there with minimal fuss.

The wholesale lender has a cost structure aimed at beating the competition in a rising rate environment, Chairman and CEO Mat Ishbia said on the second quarter earnings call.

New York Community Bancorp says it will invest in Figure Technologies, which has developed an open source distributed ledger. The bank plans to use the technology to cut costs in mortgages and payments and promote financial inclusion.

Whether it’s ransomware or a natural disaster, a sudden freeze on operations can be devastating, and the recent incident highlights why mortgage industry businesses must constantly review their data security efforts.

Second quarter open orders were 37% higher than one year prior, while closed orders grew by 43%.

The new all-in-one brokerage aims to avoid the "one-size-fits-all approach,"Rocket Homes CEO Doug Seabolt said.

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.