The CFPB believes technology, to some degree, can help remove bias, but black box underwriting algorithms are not necessarily creating a more level playing field...

Presently there are two mortgage-related SPACs that are in progress: Better.com (a lender) and Southport Acquisition Corp., the latter of which is looking for plays in the software arena.

Ascension Data & Analytics neither admitted to nor denied the allegations, which were first detailed by the FTC a year ago.

Truebill also renegotiates bills on its clients’ behalf, saving them as much as 20% on services...

For several years now, the GSE has been migrating its data storage and analysis functions to Amazon’s cloud, but the full extent of that relationship is not really known...

Regarding the apology, one human resources executive said Garg’s new email is “too little, too late. I think Garg now realizes he made a tragic mistake.”

Better has an “implied equity value” of $6.9 billion. By comparison, PennyMac, the nation’s second largest originator, has a market capitalization rate of $4.01 billion.

The American Enterprise Institute, a conservative think tank, has long been critical of the reliance on appraisal waivers...

The firm estimates its gain-on-sale margin improved to as high as 197 basis points in 3Q compared to 162 bps in the second quarter.

A title insurance giant makes a splash with its latest vendor acquisition...