Technology

New York Life's investment arm is buying a majority stake in Verus' parent, as higher rates draw insurers to non-QM. Lenders should expect deeper-pocketed buyers and competition.

The agreement expands the top-5 bank servicer's relationship with the technology company, claiming it brings its full portfolio to the MSP platform.

The typical mortgage company is well behind the average fintech, insurance company and bank in terms of AI development and maturity, according to a new survey.

Gold Star Mortgage hasn't said whether it suffered a data breach after cybercriminals claim to have compromised over 10,000 documents from the lender.

New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.

The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.

As businesses seek to increase their chances of appearing on ChatGPT and Claude, FAQs are in, but fancy websites are losing relevance, industry experts say.

The Interlock group allegedly seized over 2 terabytes of data from NFM Lending, including its Encompass data, employee files and other internal information.

Besides promoting Sridhar Sharma to CEO from president, the company named Andrew Bon Salle, ex-Fannie exec, as its new chairman, both replacing Chris Marshall.