A variety of lenders were surveyed for a new Fannie Mae study, which found that lenders cited operational efficiency as the primary motivation for AI and machine learning adoption.
Read More »Sagent Extends Partnership With Click n’ Close
The new five-year extension will enable Click n’ Close to power its entire enterprise mortgage servicing ecosystem with Sagent’s suite of cloud-based platforms.
Read More »CFPB Issues Lender Guidance on AI-Related Credit Denials
In an effort to make the intersection of fair lending and technology a priority, the CFPB has issued guidance on how lenders must issue consumers accurate and specific reasons for credit denials when utilizing artificial intelligence.
Read More »Survey: Banks Prioritize Compliance When Vetting Fintech Partners
As financial institutions evaluate their tech budgets, experts say concern about data security takes a front seat, as fintech firms must prioritize risk and compliance in today's marketplace.
Read More »Central Bank Agrees to Six-Year Partnership With Sagent
New deal enables Midwest-based community bank to offer real-time mortgage servicing through Sagent’s configurable tech offerings to adapt to evolving customer and regulatory requirements in real-time.
Read More »National MI Partners With Calyx Point LOS
Through the new agreement, lenders will have the ability to order risk-based mortgage insurance through Rate GPS, directly through the Calyx loan platform.
Read More »Mortgage Fintech Warmup Took 13 Years … Now for Some Results
Dan Sogorka of Sagent recaps the mortgage innovation timeline and details the role played by regulations and compliance in the process.
Read More »Xome Joins Forces With Plunk on New AI-Powered Analytic Tools
Partnership will provide real estate investors with property valuation and predictive remodel analytics tools to analyze the remodel potential of listed properties.
Read More »Freddie Mac to Use Tax Transcripts as Income Verification
Multiple years of applicant tax data will help lenders precisely calculate income quickly, expanding options for income verification.
Read More »Keeping Afloat
MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.
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