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Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.
December 6 -
Wire fraud is considered a consumer and title agent issue, but the millions of dollars it's diverting from home purchase transactions make it an issue mortgage lenders need to address, too.
December 5
CertifID -
Consolidation is coming in the mortgage industry, but a protracted timetable will continue to constrict industry profits.
December 4 -
Hometown Lenders Inc. will acquire TotalChoice Mortgage in a move to expand its geographic footprint and meet its goal of growing annual originations from $1 billion to $5 billion.
November 30 -
Equifax is supporting mortgage lender customer retention efforts with a new tool that predicts the likelihood that a lead will apply for a loan within the coming months.
November 29 -
Fintech adoption among real estate and title agents is accelerating, though their optimism on the housing market has tanked, according to First American Financial Corp.
November 27 -
Greenway Mortgage, a New Jersey lender that pledges to support charitable causes, is launching a consumer-direct digital mortgage division that will specialize in one-stop shopping for home renovations.
November 27 -
Private mortgage insurers are moving away from traditional rate cards in favor of more granular risk-based pricing to make their products more competitive and efficient for lenders.
November 26 -
Altisource Portfolio Solutions plans to discontinue its buy-renovate-lease-sell business for single-family homes and sell its short-term inventory in order to cut costs and repay debt.
November 26 -
Minorities are still charged more for mortgages when all other applicable credit factors are equal — both in person and online, according to a new study by the University of California, Berkeley.
November 26








