The mortgage lender said the hack was caused by a third-party's vulnerability.

The automated notices related to potential defects may be helpful because they flag issues earlier, according to the Community Home Lenders of America.

The lender had previously revealed that personally identifying information from 16.6M customers had leaked, but hadn't offered these details.

Some large mortgage companies reportedly have high retention rates, but the industry average is a different story, according to Mortgage Bankers Association data.

The megalender and servicer Rocket reported annual origination volume in 2023 of $78.7 billion, a 40% decline from 2022.

At least six legal actions are currently pending against Planet Home Lending for failing to protect customer data in November 2023.

The New York bank's AI research group has published 400 papers, according to new research from Evident; TD Bank Group's Layer 6 unit published 14 last year. These groups work to solve real-life problems in the business units.

Data used to determine the non-QM and prime jumbo numbers represent 75% of securities in each respective loan segment, the companies said.

Other mortgage companies have piloted various aspects of Sagent's cloud native servicing platform but Mr. Cooper will be the first to try out the completed version.

The notorious group also allegedly targeted Academy Mortgage and Fidelity National.

Cenlar's chief digital officer shares his story while weighing in on AI, vendor consolidation and cybersecurity.

Litigation in the mortgage industry sees lenders and servicers featuring as both plaintiffs and defendants.

A report reveals Heartland Tri-State Bank's failure last year was due to its CEO being ensnared in a sophisticated investment scam that is taking more victims.

The New York-based firm said a hack last August compromised the personal identifiable information of 10,835 customers.

Between a new partnership with REdistribute and two other agreements, the mortgage technology company says it has access to over 90% of property listing data.

The new interface for Intercontinental Exchange's recently acquired and widely used Mortgage Servicing Package system aims to offer a more intuitive workflow.

Dan Sogorka steps aside after four years, remaining as an advisor until he moves to a new opportunity.

A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.

The added revenue from servicing plus the data and analytics segment helped to improve the quarter-to-quarter results at the mortgage technology behemoth.

The San Francisco-based electronic signature company's chief executive Allan Thygesen announced Tuesday that roughly 400 employees across the company were being let go as part of restructuring for the 2025 fiscal year.