The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating.

The law would have expanded the state's 12% interest rate cap in a manner that would have effectively banned fintech lending in the state.

Trade groups representing banks and utilities urged lawmakers to reauthorize the CISA law before it expires in September.

The new name Cotality, along with its latest tag line, reflects its role in serving and uniting the entire property ecosystem, company executives said.

Digital Insurance spoke with Jonathan Collura, president and CEO of Specialty Risk RE, about how reinsurers could stabilize the home insurance market in areas affected by natural disasters.

A recent American Bankers Association survey showed improvement since 2022, but overall scores are still lower than in 2020 and gaps widened between providers.

ICE Mortgage Technology announced additions for its Encompass LOS, while Mortgage Cadence is bringing out a new version of MCP aimed at mid-sized depositories.

Large mortgage companies are targeting mergers and acquisitions as well as home equity lending in their 2025 business plans, Boston Consulting Group said.

Companies are starting to leverage tools such as artificial intelligence and machine learning as part of the property valuation and review process.

The Coalition for Financial Ecosystem Standards, a fintech group co-founded by Sima Gandhi, is publishing guidelines for how banks and others can assess them.

A joint venture between the military-focused Palantir and investment conglomerate TWG will sell cybersecurity protection to financial institutions that are wary about the safety of artificial intelligence.

The megalender revealed it employed 14,200 team members at the year's end.

Figure Technologies is adding a Bitcoin option to its home equity line of credit, while Milo has done $65 million of crypto mortgages since 2021.

The automation provider plans to unveil functionality at its upcoming user conference aimed at improving new loan boarding and investor reporting processes.

Metrics the influential government-related mortgage investor is adding appear to be in line with a broader move to examine the impact of serial loss mitigation.

The credit score simulator only uses the Classic FICO scorecards available at each of the repositories, not the most up-to-date version, FICO 10T.

A joint venture with Sixth Street will give Figure more liquidity to scale Figure Connect, a blockchain-based private capital marketplace.

The real estate company's latest move leverages artificial intelligence to optimize and simplify the entire home-buying journey for consumers.

Investment in professional development is more common than tuition reimbursement among top-ranked firms seeking to meet demand for AI-related training.