Bayview Asset Management and three affiliates settled multistate allegations that their handling of a 2021 data breach failed to meet certain standards.

The acquisition adds proprietary mortgage-origination software to the company's loan operating system, now called LowerOS.

The share of waivers submitted with purchase mortgages sold to the government-sponsored enterprises accelerated just prior to a change that will make more loans eligible.

The CapitalW Collective supplements the work other organizations do by addressing the educational needs of women and others in the specialized portions of the mortgage business.

Improved digital communications in transfers could help mitigate one growing risk for servicers, which also could face a less friendly rate and credit scenario.

The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.

Plaintiffs argue that Mr. Cooper's hefty payment to Alphv hinged on the promise that the criminal organization would delete stolen customer PII.

Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.

Respondents suggest generative AI, regulations and cyber insurance will all play a role in cybersecurity next year.

The lender and servicer is spending $9.3 million on security upgrades in addition to its pending $25 million fund for consumers and their attorneys.

Companies' new uses for AI, regulators' responses to past cyber incidents and wider acceptance of digital collateral were among the year's top developments.

The scorecard the Federal Housing Finance Agency draws up yearly applies to two influential loan buyers and an entity overseeing the fungibility of their bonds.

The Federal Housing Administration is suggesting servicers get early access to the funds they have advanced at a time when many T&I payments have been high.

The senior vice president who played a key role in instituting an industry scorecard passes on some insights with future relevance as she prepares to depart.

Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.

PHH Mortgage announced it will be using the San Francisco-based technology company's Mortgage Suite, including Loan Officer Toolkit and Blend Close.

From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.

Using homeowner data available on ICE's servicing platform, the integration can prompt users to use a self-guided appraisal valuation tool.