The state will introduce new rules in 2024, while North Carolina and Delaware have similar legislation coming into effect this summer.

The new business line offers consumer-facing digital strategies and analysis of related data that can help with customer retention.

The neobank purchased the fintech lender in an all-cash offer, but did not disclose the price tag.

The AI chatbot will be able to quickly and eloquently respond to inquiries.

While finding investors will likely be more difficult, the long-term outlook remains solid for more established companies, industry experts say.

Companies like U.S. Bancorp have found ways to apply the information they use to serve thin-file applicants to small-business owners and other borrowers.

The two companies state the agency's anticompetitive claims about the deal are wrong, and claim that their in-house hearing is unconstitutional.

Homebot acquired Quo Finance, a first-time home buying app.

Harold Lewis, the former president and chief operating officer of the organization now known as Mr. Cooper, will fill the same role at the company he's joining.

The government-sponsored enterprise took the next step towards allowing lenders to implement its property valuation modernization plans.

An originator finds social media support essential, while a home equity firm and a servicer find customized systems necessary to bridge gaps in off-the-shelf technology.

The technology provider is in the midst of a large reduction in spending including the dismissal of approximately 340 employees.

The division independently manages credit-sensitive loans using automated analysis of factors that could affect processing and return on investment.

Mortgage-backed securities aren't generally considered risky assets, but how SVB managed them contributed to its woes.

The announcement came as a Federal Trade Commission suit to halt the deal became more likely.

A legal filing could come as soon as Thursday, sources close to the matter claimed.

Even with the government-sponsored enterprise's statement that full appraisals are no longer required to prove value, industry participants say they will remain a tool for lenders to use when needed.