Technology
Technology
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Banks need to mitigate potential bias in algorithmic predictive models using artificial intelligence, as regulators are weighing how to oversee the emerging technology.
August 6 -
Discover Bank is approaching $1 billion in home equity-related receivables, a milestone for the six-year-old home-loan division that aims to rework the lending process for both its customers and loan officers.
August 5 -
Mortgage servicer customer satisfaction levels are among the lowest of any industry as more companies prioritize cost-cutting, regulation and default management over their borrowers, according to J.D. Power.
August 1 -
Loan officers' jobs are harder than they need to be because of back-end system inefficiencies, and it adds cost to the process.
July 31 -
Lenders looking to keep up with the competition should adopt a digital mortgage process because a key borrower segment and the government-sponsored enterprises increasingly expect them to offer one.
July 29 -
MISMO released an updated set of remote online notarization standards to create consistency among industry practices and state laws as mortgage lenders continue to make strides with electronic closings.
July 29 -
The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.
July 25 -
Title insurers benefited from the increase in origination volume — especially refinancings — during the second quarter, as open order counts increased compared with one year prior.
July 25 -
The real estate industry may soon find out whether house hunters will look for homes in the place where they already shop for everything else.
July 24 -
With retaining and maintaining customers being a perpetual challenge for independent mortgage brokers, Home Point Financial launched a technology platform to bolster recapture rates.
July 23 -
The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.
July 22 -
Equifax Inc. agreed to pay up to $700 million to resolve U.S. federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million people.
July 22 -
The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.
July 19 -
A bill by Rep. Patrick McHenry, R-N.C., would give the CFPB authority to oversee cybersecurity efforts at the credit bureaus.
July 19 -
Mortgage lenders continue prioritizing technology efforts over all else in hopes of tackling a slew of market hurdles and threats, according to Fannie Mae.
July 18 -
Millennials flooded the mortgage market to refinance on lower rates, but the industry couldn't manage activity as quickly, according to Ellie Mae.
July 17 -
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The Federal Housing Administration is delaying a plan to put a hard stop on home loan files that lack digitally signed appraisals.
July 12 -
Investments in proprietary front-end software to mark next phase of mortgage initiative.
July 12 -
A new wave of mortgage production technologies empower lenders to create a more personalized approach to serving borrowers compared with the ubiquitous loan origination systems created over 10 years ago.
July 12

















