Technology

Chairman and CEO of Pennymac, David Spector, said the one-time cost will allow the company to retain ownership of a proprietary system that could build value for investors.

The ransomware attack compromised the personally identifiable information of over 199,000 mortgage customers.

A little over 280,000 customers had their birth dates and Social Security numbers compromised during the cyber attack.

Dark Matter CEO Rich Gagliano and CRO Sean Dugan join National Mortgage News to discuss how they're thinking about Empower pricing, new products and other key issues in mortgage technology in this livestreamed discussion.

The rate of errors per loan jumped by 30% compared to the third quarter, a FundingShield report said.

Having the opportunity to customize their own tech stacks was a key reason behind many top producers' success, according to a new Floify survey.

Fannie Mae claims its pilot program, which the loan origination system is utilizing, has aided over 5,000 mortgage applicants in the past two years.

The prepayment metric on the single-family issuer operational performance profile had been displaying outdated information.

16.6 million former and current Loandepot customers had their data leaked, the lender and servicer announced Monday.

Marshall is handing his role as president at the mortgage firm to another industry veteran but plans to retain some involvement with its new MSR fund.