Technology

At a House Financial Services Committee hearing, lawmakers on both sides of the aisle questioned the widespread practice of screen scraping and agreed that consumers should have a more direct say over how their financial data is handled.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

Sequoia Mortgage Trust is among the first to include a distributed ledger agent in its reporting processes.

A long to-do list — from developing mortgage servicing requirements to revisiting payday lending rules — awaits Rohit Chopra, the administration’s choice to lead the consumer bureau. But it's still anyone's guess when the Senate will confirm him.

The platform, built off a recent acquisition, looks to create efficiency in the growing wholesale lending market.

The companies talk through their products aimed at making the processes safer and more inclusive for consumers.

The pandemic, a refinancing boom and intensified appraiser shortage boosted appraisal alternatives in line with the rise in remote work. Now an overheating purchase market and policymaker scrutiny are shifting priorities.

The technology could help firms that have had less access to automation and generally have conducted trades used to hedge loan pipelines by phone.

The loan origination system provider, which launched an IPO on July 28, reported that its second quarter revenue and income grew 38% year-over-year.

The government bond insurer allowed lenders to become “eIssuers” a little over a year ago, and the move contributed to a large surge in electronic notes this year.