The lender also announced its acquisition of Florida-based Hamilton Home Loans, which will operate as a new division within the company.

The company, which has ties to three major credit bureaus, is working with a former Fannie Mae executive in its efforts to reduce consumer costs.

ICE’s deal could give it pricing power over the industry to the detriment of smaller lenders and consumers, the nonbank mortgage trade group said in a letter to the Justice Department

The lender and its founder are accused of retaliating against the second-in-command for raising alarm over deceptive financial statements and other concerning behavior.

No cause of death was provided for the longtime industry figure, who before joining CoreLogic in 2015 was at Freddie Mac for 28 years, including 13 as its chief economist.

Delays in closing the deal after it was announced in August resulted in the parties' decision to remain separate, although they will still work together.

Banks and fintechs wonder if regulators are getting more comfortable with machine learning-based ways of assessing credit, or if agency oversight will mean a crackdown. 

The inability to include both types together in standard loan pools has been one of the hurdles to the adoption of digital collateral.

The 50 companies that made American Banker’s annual list are being recognized for establishing strong workplace cultures, offering robust benefits packages and giving employees the room to do their jobs well.

Companies on the Best Places to Work in Fintech list offer sabbaticals or generous vacation time, which helps attract young talent and lets veteran employees re-energize.

Breaking barriers to education unites the team at Mpower Financing, an international student loan company with employees from more than a dozen countries that is ranked No. 1 on this year's Best Places to Work in Fintech.

Talk'uments already enables English and Spanish speakers to understand their documents and will soon add Vietnamese, Korean and Tagalog.

Mortgage companies selling loans to the government-sponsored enterprise will be able to use the information for one type of employment check as well as to validate income and assets.

The initial roll-out is in Arizona, Colorado and Florida, but the company plans to offer the capabilities nationwide over the next 24 months.

Non-depositories historically haven't been big originators of home equity lines of credit, but fintechs that offer the easily automated countercyclical products are reporting growth.

The white-label solution aims to provide neobanks and those in property sales with an entry into housing finance, while giving existing lenders a way to introduce new products and channels.

New changes do more to pave the way for electronic modifications and will open the government bond insurer’s program up to new applicants.

Pingora Loan Servicing still hasn’t disclosed the full scope of last fall’s hack impacting at least 169,000 customers across four states.

Mortgage Cadence, the No. 3 loan origination system provider, believes it will pick up market share among nonbanks if the deal between the two heavyweight entities goes through.

Companies are working to offer what they say are faster, more integrated digital products that can quickly stand up compliant workflows as forbearance is phased out and loss mitigation activity resumes.