Technology

The Mortgage Bankers Association and Housing Policy Council are asking for the Federal Housing Finance Agency to make government-sponsored enterprise data available as part of the establishment of its new Office of Technology.

The data aggregator announced a product this week that allows banks to build data privacy portals, where consumers can see who has access to their account data.

Some of the hacks in question are confirmed to have impacted millions of customers, while the full scope of other incidents have yet to be disclosed.

The automation provider, which could merge with ICE Mortgage next year, is updating secondary market tools sorely needed in a volatile market.

The single-family house, located in South Carolina, was sold to an investor for $176,200 last month.

Urban Institute research backed by the Federal Home Loan Bank of San Francisco suggests using rent and utility reporting for this purpose is complicated but has a net benefit.

The development, touted as an industry-first, is the latest move by the government-sponsored enterprises to expand housing opportunities for first-time and underserved homebuyers.

Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors

The Detroit-based lender said the program will "accelerate loan purchases" and "eliminate significant costs" for its partners

Loan officers say that the platform discourages them from originating loans.