Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws.

Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds. 

Desmond will be succeeding Pierre Naudé in leading the bank technology provider.

The move extends the technology company beyond origination functions by pairing it with a former Mortgage Builder platform its parent company also owns.

Excess capacity remains in the mortgage origination cycle, and lenders need to cut costs and end the boom-and-bust hiring, Boston Consulting Group said.

Mr. Cooper is set to launch a pilot program by midyear, integrating previously released components into a unified platform.

Vista Equity Partners put funds into the regulatory technology firm, which Asurity Technologies has partnered with since 2015.

Beeline's product division, dubbed Beeline Labs, will be rolling out an AI-powered quality control product for mortgage lenders.

As part of a partnership agreement the two companies entered into, the Ramquest and E-closing platforms have shifted ownership for an undisclosed price.

Truth.Fi will offer ETFs, cryptocurrencies and crypto-related securities.

University Bancorp was to acquire a 50.5% stake in Blue Water, however the deal announced in July had yet close and Voxtur is starting a strategic review.

Banks and credit unions also extended financial relief to Californians affected by the fires, which have killed 28 people and burned thousands of homes.

Half of the underlying support for the token in the investment property sale of a Honolulu condominium will be backed by the borrower's cryptocurrency.

Banks' AI deployments will now be supervised by states and the companies themselves, experts say.

The website combines Rocket's mortgage, real estate and financial tools under one site.

Organizations that represent Amazon, Apple, Meta, PayPal, OpenAI and many other large technology companies accuse the consumer watchdog, which has given itself authority over companies that facilitate at least 50 million consumer payment transactions per year, of regulatory overreach.

The Consumer Financial Protection Bureau issued separate policy statements on "sandbox approvals" and no-action letters for fintechs — measures whose longevity is questionable with the incoming Trump administration.

The former president of the servicing giant stepped down from his previous role in early 2024 but continued to hold board positions at parent and partner businesses.

The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.