The chattel financing firm's cash infusion is in addition to a $15.5 million venture round in 2022 and a Series A earlier this year.

The implementation plan the Biden administration released on Thursday seeks to shift liability for data breaches onto "the biggest, most capable" entities. Does that mean banks?

The interactive tool can answer consumer questions about the mortgage process, explain the difference between products and give an approximate quote.

The newest participants in the blockchain-focused lender's private-label lending business are CMG Financial, CrossCountry Mortgage, Fairway Independent Mortgage and The Loan Store.

Twenty lenders from across the country are participating in Underwriting for Racial Justice, a collaborative effort to develop new criteria that will enable marginalized borrowers to gain access to credit.

The Black Knight-owned product and pricing engine was one of the reasons the Federal Trade Commission said it is contesting the transaction, which is now in court.

The new review requirements are set to go into effect in mid-September and will replace temporary guidance put in place following a 2021 building collapse.

While the possibilities for artificial intelligence's applications are vast, mortgage shops today are focused on having it identify borrowers who are in the market to purchase a property, according to a report from Stratmor.

PeoplesBank in Massachusetts and others have developed digital brands that cater to younger customers' demands for smoother technology and mobile experiences.

The technology that powers ChatGPT can sift through and even synthesize massive amounts of data, though it must overcome doubts over reliability, transparency and regulatory risk before it can be harnessed to conduct useful research.

Younger customers want personalized engagement, including in their music playlists, experts said at American Banker's recent Digital Banking conference.

The agreement will allow the fraud prevention company to use this platform to access consumer account data prior to the initiation of a funds transfer.

Ransomware gang Cl0p is currently threatening 50 companies with releasing data it stole from them late last month.

The government-sponsored enterprise's chief executive managing the issue is looking at how things like roof pitch can mitigate the impact of natural disasters on homes.

Carrington Mortgage Services and its vendor also face three new federal lawsuits, which claim the number of customers impacted in their incidents exceeds 3 million clients.

Originations have plummeted and while servicing revenue exists, it could be undermined by expenses if a typical recession follows last year's rate rise.

The second-highest number of instances were recorded by the Federal Bureau of Investigation last year, but it is likely not every crime gets reported.

The CEO of the world's largest asset manager said AI could have "some very large outcomes for long-term investing" and could also transform margins across sectors.

Now is the time to recruit this diverse, technology-focused demographic into the home lending business, industry leaders say.

The vendor said it'll be providing "staff augmentation" supported by a cloud-based system and data it has.