Technology

BofA's fintech accelerator launch and Guaranteed Rate's new insurance offering via a brokerage spinoff are among the latest fintech stories.

Several lenders have debuted artificial intelligence chatbots to help their customers through the homebuying process. What makes them stand out from the OpenAI phenom?

The fintech is reducing its sales and marketing expenses and promoting a healthy pipeline of consumer banking products, representatives said.

While policymakers have warned lenders they will be on the lookout for potential fair lending violations, the lack of current rules means many companies are trying to determine best practices on their own.

One in eight appraisal-related fees are covered by lenders, a survey conducted by Stratmor Group found.

The group represents the fourth class of startups in the history of the program and the first since the home lender's merger with New York Community Bank late last year.

Negotiations are ongoing, but the legal move ends the restraining order trial in federal court scheduled for Aug. 14.

Lender Toolkit provides services to support ICE Mortgage Technology's Encompass platform, along with artificial intelligence software.

The new technology expands the capabilities of automation used to obtain digital transcript information from self-employed borrowers.

Companies that don't use the technology on average pay $1.76 million more and take 108 days longer to respond to incidents than firms that utilize it.