A little over 280,000 customers had their birth dates and Social Security numbers compromised during the cyber attack.

Dark Matter CEO Rich Gagliano and CRO Sean Dugan join National Mortgage News to discuss how they're thinking about Empower pricing, new products and other key issues in mortgage technology in this livestreamed discussion.

As regulators repeatedly press banks and fintechs to make sure their artificial intelligence models aren't "black boxes" and comply with existing law, the burden is on lenders to prove they are making such efforts.

The rate of errors per loan jumped by 30% compared to the third quarter, a FundingShield report said.

Having the opportunity to customize their own tech stacks was a key reason behind many top producers' success, according to a new Floify survey.

Fannie Mae claims its pilot program, which the loan origination system is utilizing, has aided over 5,000 mortgage applicants in the past two years.

The prepayment metric on the single-family issuer operational performance profile had been displaying outdated information.

16.6 million former and current Loandepot customers had their data leaked, the lender and servicer announced Monday.

Marshall is handing his role as president at the mortgage firm to another industry veteran but plans to retain some involvement with its new MSR fund.

Mellohome's website, the MyLoandepot customer portal and the HELOC portal have been rebooted following the cyber attack, the lender and servicer said.

The lender didn't reveal whether the incident was related to a purported ransomware gang attack last March.

In a new filing with the Securities and Exchange Commission, the company attributed delayed transactions, loss of business to other providers and one-time expenses to reduced revenue but expected a limited effect on financial health.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

The company took on the established vendors with its LOS. It's now officially starting to fulfill its longtime plan to do something similar with servicing tech.

Its broker channel will soon have access to a generative voice tool, allowing originators to update approval letters on the go.

Gravy Technologies offers a consumer-facing app, along with a white-label service for mortgage lenders aimed at accelerating their marketing efforts.

The bot, named Cooper AI, can answer questions regarding FHA and VA guidelines.

The lender had taken certain systems offline and was working to restore business operations as of Monday morning.

Those who establish a history of paying for housing may be able to buy and live in property with rental income, but there are risks to the emerging strategy.

The service offered by Halcyon is aimed at diversifying lender revenue and strengthening relationships with borrowers.