News

Fixed-rate loans and lease contracts on medical, trucking and transportation equipment will provide collateral for $582.3 million in asset-backed securities (ABS) from the North Mill Equipment Finance ...
Fannie Mae and Freddie Mac's regulator announced additional leeway for them to invest more heavily in low-income housing tax credits in line with the passage of recent legislation.
A Texas federal court ruled that borrowers suing Mr. Cooper over its data breach in 2023 had "sufficiently alleged injury," thus refusing to dismiss parts of the case.
Mortgage firms must determine how to respond as legislators take different stances on how quickly Fannie Mae and Freddie Mac should embrace crypto.
Nearly all types of companies who suffered hacks involving their AI models or applications in the past year lacked proper access controls, according to IBM's annual Cost of a Data Breach report.
Consumers are worried about identity theft and fraud, but many are also okay with exaggerating their income on mortgage applications, a FICO survey finds.
The Community Investment and Prosperity Act would increase the statutory cap for bank investment into community development projects, unlocking "billions in capital" that can be directed to affordable ...
Housing supply is returning to pre-pandemic levels, but the rise comes as new listings fall, pointing to subdued demand, leading real estate brokerages said.
Recently revived plans for broader use of the repositioned common-securitization platform for monetization purposes may hearken back to past concepts.
Sen. Adam Schiff, D-Calif., called the Trump administration's accusations of mortgage fraud regarding his Maryland property political retaliation.
The conservator and regulator of two influential government-related mortgage investors has announced a credit score other than FICO's "classic" metric can be used when submitting loans to them.
Onity Group's Jack Cavanagh describes how data science has changed processes in the mortgage industry and what type of misconceptions still exist about AI.