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The Consumer Financial Protection Bureau issued separate policy statements on "sandbox approvals" and no-action letters for fintechs — measures whose longevity is questionable with the incoming Trump administration.
January 10
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The former president of the servicing giant stepped down from his previous role in early 2024 but continued to hold board positions at parent and partner businesses.
January 10
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The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.
January 8
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Bayview Asset Management and three affiliates settled multistate allegations that their handling of a 2021 data breach failed to meet certain standards.
January 8
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The acquisition adds proprietary mortgage-origination software to the company's loan operating system, now called LowerOS.
January 8
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The share of waivers submitted with purchase mortgages sold to the government-sponsored enterprises accelerated just prior to a change that will make more loans eligible.
January 3
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The CapitalW Collective supplements the work other organizations do by addressing the educational needs of women and others in the specialized portions of the mortgage business.
January 2
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Improved digital communications in transfers could help mitigate one growing risk for servicers, which also could face a less friendly rate and credit scenario.
December 31
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The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.
December 30
