Technology

Appraisal Logistics is letting mortgage lenders take the lead by licensing out its in-house technology platform, AIMPort.

Ally wants to increase productivity and improve the use of analytics to build on customer relationships.

A Western Union survey claims consumers are unable to tell the difference between humans and interactive voice response or artificial intelligence when needing customer or payment assistance, but their responses may say otherwise.

Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.

Home sales in Baltimore plunged in May amid the recent ransomware attack on city government computers, including those essential for completing real estate transactions.

Appraisals are viewed as a choke point in the mortgage process. As the ranks of appraisers dwindle and technology advances, a new, AI-driven approach may not be far off.

2019 has already seen billions of dollars in fintech M&A. The deals have come at a rapid enough pace that acquirers are often buying companies that are still absorbing deals of their own.

The agency's vote Thursday threatens to block many of the industry's communications with customers, though banks did win one concession.

Cutting the title insurance decision to nearly instantaneous will be the norm in the next 12 to 24 months, according to WFG Lender Services.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.