Tech

The GSE has announced the sale, via auction, of more than 3,500 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio as part of Freddie Mac’s Standard Pool Offerings.

Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome hurdles the industry may face in the coming months.

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.

At the annual Five Star Conference in Dallas, the 30-year industry trailblazer was recognized for her accomplishments in the mortgage finance space throughout her career.

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.

The annual gathering of the Federation of REO Certified Agents took place at the 20th Five Star Conference and Expo, exploring everything REO, including data-backed insights from Fannie Mae and a series of informative panels. As Rick Sharga, President & CEO of CJ Patrick Company put it, "If you want to stay ahead in the distressed/default industry, you need to keep moving upstream."

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.

Attorney R. Keith Ustler explains how a new Florida summary judgment standard makes a summary judgment motion an essential step in any litigation.

In an analysis of the top quality control issues found in the mortgage servicing marketplace, missing bankruptcy notices and proof of claims documentation topped the list, with a wave of delinquencies and borrowers seeking bankruptcy court protection creating new levels of demand.

Dan Sogorka of Sagent recaps the mortgage innovation timeline and details the role played by regulations and compliance in the process.