Among the key risks highlighted with the use of AI: explainability, data usage and dynamic updating...

However, the size of the investments in Rent Butter and Rent Room were not disclosed...

The New York regulator said RMS failed to investigate the breach...

Blend Labs, the digital automated underwriting platform, is diving head first into the title business...

Talk about a rollercoaster ride: loanDepot came out at $14 a share last week and at one point almost reached $40.

Figure Acquisition Corp. I is planning to acquire a company involved in financial technology and financial services.

Valon, formerly known as Peach Street, plans to use the funds to hire and acquire...

The $108 million Series B capital raise follows a $20 million investment Insight had made earlier.

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.

The two FDIC researchers examined more than 11 million mortgages...