That leaves the supervision of these cloud contractors up to Fannie and Freddie themselves.

Mining for gold in the hills of the mortgage vendor community? Hey, isn't that Bill Foley?

The downgrade was prompted by JPM's use of Fannie Mae's Collateral Underwriter and automated valuation models.

As one vendor put it: “Loss mitigation was behind the scenes for a while because everyone was saying that foreclosures are low and bankruptcies are stable. Well, that’s not the case anymore."

The SPAC, which carries the name Foley Trasimeme Acquisition Corp. II, has a stated goal of effecting mergers and/or buying capital stock in the “financial technology space.” Asset acquisitions are also part of the plan.

Ginnie also announced new requirements for users of its systems...

It's official: Rocket (Quicken) is now a public company, well at least part of it is...

The “virtual” roadshow started Friday, with meetings running through Wednesday afternoon, when final pricing is expected.

Cannae’s chairman is William Foley, who also continues to serve as non-executive chairman of title insurance giant Fidelity National Financial and executive chairman of Black Knight Financial…

Remote online notary services have gained momentum during the coronavirus pandemic. This week, DocuSign announced it has acquired Liveoak Technologies...