loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.

Carrington Mortgage non-QM expert returns; Bilt Rewards to offer mortgage payment rewards following funding round; Colonial Savings to launch new mortgage servicing ecosystem; TD Bank announces community impact plan to target LMI and minority borrowers.

The cyberattack on loanDepot occurred in early January but the company is unsure of material losses...

"[ChatGPT] could provide quick, accurate responses to clients so that loan officers, real estate agents and recruiters can spend more time building relationships and closing more deals," said Marvin Bantugan, chief technology officer of Zventus and co-chair of the Hyperledger mortgage subgroup.

Foreclosure activity looks to be returning to more traditional patterns following pandemic volatility.

First American got its email system up and running again more than two weeks after a cyberattack.

loanDepot's servicing customers faced difficulties making mortgage payments over the weekend...

First American stressed that all funds associated with the company were secure.

“These attacks are prevalent, continue to increase in frequency and sophistication, and are increasingly difficult to detect,” First American cautioned in a recent filing with the Securities and Exchange Commission.

Among residential loan processors, Mr. Cooper ranks sixth in terms of MSR ownership with $528 billion...