Servicers retained only about 20% of borrowers that refinanced their mortgages during the fourth quarter of 2023.

Insurance won't fully cover loanDepot's expenses from a cyberattack that occurred in January.

Rocket Companies reported a net income loss of $232.6 million in the fourth quarter of 2023.

A new SEC report says research analysts "inadvertently" sent email with confidential pending rating action information to people outside the rating agency.

FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.

Congress must examine AI carefully, to determine “whether AI is extending and reinforcing biases, and how it has the potential to correct them,” according to Sen. Tina Smith, D-MN.

Legislation to limit trigger leads was introduced in the House with bipartisan support.

NewRez said AI can analyze customer data and preferences to recommend suitable products.

On a pre-tax basis, PennyMac’s production segment generated $39.4 million in income in the fourth quarter, up 56.3% from the previous quarter.

“If you look at some of the big names, the common thread is always a phishing email that someone clicked on,” said Freddy Feliz, chief information officer and vice president of information technology at the Mortgage Bankers Association.