Technology

The company, Truv, plans to compete with existing players by offering digital employment data in a new way, according to CEO Kirill Klokov.

Leaders at the helms of organizations like Georgia United Credit Union, BayPort Credit Union, Blend Labs and more are adapting products such as "soft check" credit scoring, artificial intelligence-powered bots to streamline application reviewal and more.

An increase in paper mail theft corresponds with a rise in physically altered checks that redirect funds to fraudsters.

Procedural limits on condo originations aimed at preventing issues like the Surfside building collapse have frustrated lenders, who will see if this helps.

In 2019, the vendor accused the California-based originations and servicing shop of copying its mortgage processing system.

Sergey Dyakin, CIO of Celink, outlines the nuances of implementing new technology in the HECM servicing business

Anne Marie Pippin, associate director in the Federal Housing Finance Agency's Office of Financial Technology, weighs the forces shaping the industry's future.

Kenon Chen, executive vice president, strategy and growth, at Clear Capital, discusses data sourcing that can best serve the mortgage and underwriting process and how it can be done in an ethical way to achieve maximum benefit.

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

To date, all of the lawsuits accuse the servicer of failing to secure and safeguard customers personal identifiable information.