Difficult economic conditions will persist, with inflation and a potential recession weighing on minds, but investment in mortgage technology remains a priority, according to new survey research.

As challenges will persist in the year ahead, the industry still plans on development, growth and new technology

The government bond insurer, an arm of the Department of Housing and Urban Development, confirmed no borrowers were impacted by the transfer of servicing from the bankrupt Reverse Mortgage Funding.

The past 12 months were chock full of impactful changes to the home lending industry but keep an eye on these in particular in the new year.

Automation similar to that used by appraisers working with homeowners during the pandemic can be used by inspectors getting information about damage from weather events and disasters too.

The Federal Housing Administration cited concerns that included the seasonal "tripledemic" and staff shortages at servicers.

The pending merger of Black Knight and ICE threatens to create a monopoly not unlike Ticketmaster, writes the chief executive officer of Figure Technologies.

Despite cutting back on other tech spending, some lenders plan to deploy these tools in the second quarter of next year, the company's director of banking, mortgage and insurance automation solutions says.

Jan Davis has been named acting president of the technology standards organization as the Mortgage Bankers Association conducts a search for a permanent replacement.

Proceeds from the sales, which might not be the last, will pay down a personal loan secured by Nima Ghamsari's holdings.

The tool, which includes overlays for industry metrics like delinquencies, could be helpful to policymakers trying to size up the cost of natural disasters affecting properties.

A special-purpose acquisition company is merging with a bank as its affiliated startup still lacks its own national bank charter.

Housing finance is in the midst of a cyclical transition in which every penny counts and technologies that offer efficiencies look attractive, but work must be done before this automation can bear fruit. What does it take to make meaningful operational changes today?

The seed round was led by Conversion Capital and also includes backing from Blend, Zillow and Figure.

It's only been two months since the Biden administration posted its blueprint for an AI Bill of Rights, but government agencies are starting to apply it in areas of financial services where discrimination is a concern, according to speakers at a Brookings Institution event.

A potential borrower should have a credit decision in the "matter of one minute," the lender said.

HomeTrust Mortgage disclosed customers' names, addresses and Social Security numbers may have been compromised in the incident.

While Bids Wanted in Competition have been used by MBS sellers in the past, a lack of standardization of data points has reduced competition and price, the organization said.

IT departments are largely focused on finding solutions that will beef up volume while shrinking expenses, those in the field say.