Technology

The lender and servicer is spending $9.3 million on security upgrades in addition to its pending $25 million fund for consumers and their attorneys.

Companies' new uses for AI, regulators' responses to past cyber incidents and wider acceptance of digital collateral were among the year's top developments.

The scorecard the Federal Housing Finance Agency draws up yearly applies to two influential loan buyers and an entity overseeing the fungibility of their bonds.

The Federal Housing Administration is suggesting servicers get early access to the funds they have advanced at a time when many T&I payments have been high.

The senior vice president who played a key role in instituting an industry scorecard passes on some insights with future relevance as she prepares to depart.

Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.

PHH Mortgage announced it will be using the San Francisco-based technology company's Mortgage Suite, including Loan Officer Toolkit and Blend Close.

Using homeowner data available on ICE's servicing platform, the integration can prompt users to use a self-guided appraisal valuation tool.

Mortgage lenders can now submit loan information through VA's new management system, replacing the need for email submissions.

Lenders face rising costs from new regulations, including a first-of-its-kind AI law impacting companies that serve Colorado consumers.