Technology
Technology
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The number identifying it as such is significant, but not universal, as servicers also face product-specific challenges and determine whether and how to use AI.
June 9 -
A notable cyber threat actor alleged it was behind a ransomware attack that impacted nearly 138,000 individuals, a claim refuted by the lender.
June 8 -
Brian Moynihan spoke of the challenges of developing and maintaining Erica, the bank's main internal AI model, with precision.
June 8 -
Intercontinental Exchange is among a new group of 150 enterprises to enter Project Glasswing, which has found over 10,000 software vulnerabilities since April.
June 4 -
The agency is in discussions with the rent-rewards fintech regarding how it handled a card changeover after Wells Fargo ended its partner bank contract early.
June 4 -
Following a recent acquisition, leaders of Valon and Carrington Mortgage Services discussed benefits of the agreement and the role of tech in servicing.
June 3 -
The Department of Veterans Affairs will accept the legislatively-mandated partial-claim option soon and servicing systems must accommodate it by November 28th.
June 2 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
May 29 -
Deephaven expanded its HELOC product for wholesale lenders, Attom launched an AVM model and First American added an AI assistant to its title platform.
May 28 -
The Canadian-American bank's first AI agent does the work of gathering any missing documents and verifying data for mortgage applications.
May 28 -
Beeline already owns 47.6% of MagicBlocks. Its platform has enabled Beeline's chatbot, Bob, which the company says has increased lead to lock conversions by 8%.
May 28 -
A new deal makes Wells Fargo the preferred lender of homes built by 3D-technology firm Icon, with the bank offering a 50 basis point discount to borrowers.
May 28 -
The CEOs of JPMorganChase, Goldman Sachs and Standard Chartered said they're reducing some roles due to advances in AI, the same week the Pope spoke of the need to protect workers.
May 26 -
Artificial intelligence's ability to uncover and analyze granular data across large volumes of files may result in AI agents executing trades themselves, mortgage leaders said.
May 21 -
Federal Reserve Gov. Christopher Waller said Tuesday that central bank researchers using Artificial Intelligence must follow security protocols designed to protect sensitive data.
May 19 -
Clear Capital acquires Restb.ai, ProxyPics becomes a verified provider of the Uniform Property Data Report plus more appraisal industry updates.
May 14 -
While not looking to take on UWM and Rocket, GO Mortgage CEO Jay Promisco said mortgage brokers want and need more options for their production.
May 13 -
Built around the company's guidelines, Rezi Mortgage Assistant helps borrowers learn about the lending process on their own terms, Newrez executives said.
May 13 -
The blockchain-backed loan marketplace said it sees interest for purchase mortgages coming from existing partners after it reported a profitable start to 2026.
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