Technology

Figure helps Bed Bath & Beyond enter mortgage finance

Bed Bath & Beyond is moving into mortgage and home equity finance through a deal that leans heavily on Figure Technologies’ lending and tokenization infrastructure.   Processing Content The company announced Monday that it has acquired Tokens.com, a blockchain-based platform that will serve as the foundation for a new investment and personal finance business.   […]

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Rithm takes minority stake in servicing platform Valon

Rithm takes minority stake in servicing platform Valon

Rithm Capital is boosting its investment in servicing technology provider Valon, taking a minority equity ownership stake and expanding on their existing business partnership. Processing Content With the move, Rithm expects to reduce costs for its home finance subsidiary, Newrez, and further scale development of Valon’s artificial intelligence-backed operating system “to modernize the $13 trillion

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Mortgage defects stabilize as lenders face quality control issues

Mortgage lenders are seeing loan defects stabilize after several volatile years, but shifts in interest rates and loan volumes continue to expose weaknesses in quality control (QC), according to ACES Quality Management CEO Trevor Gauthier and chief operating officer Phil McCall. In an interview with HousingWire, Gauthier and McCall highlighted staffing cuts, refinance surges and

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AI real estate business taps $100 million private credit loan

Propy, a real estate technology company, tapped the private credit market for the first time, securing $100 million to support the startup’s acquisition strategy. Processing Content Metropolitan Partners Group led a credit facility to the company, which uses artificial intelligence to expedite the real estate closing process.   Propy has been pursuing a roll-up of

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Banks remain most breached sector as attacks hit record

Supporting data: The financial services sector saw 739 data compromises in 2025, the highest of any industry for the second consecutive year. Key insight: “Skimming 2.0” marks a resurgence of physical threats, with criminals deploying Bluetooth-enabled overlay skimmers at points of sale. Forward look: Regulators warn that reliance on third parties for critical activities creates

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Louisville, Ky., joins municipalities piloting AI to fast-track permits

Earlier this month, the City of Louisville, Ky., announced a partnership with Govstream.ai, a technology company that utilizes AI to speed up the permitting process, reflecting a broader national push to utilize AI to accelerate permitting and approvals.  Municipalities are increasingly under pressure from their constituents and the federal government to streamline residential development amid

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NAR, .RealEstate helping Realtors build online presence

.RealEstate — an official partner of the National Association of Realtors (NAR) — has launched a unified digital platform designed to help real estate professionals build and manage their online presence. The launch follows the company’s rebrand from Get.Realtor in August 2025 and marks a shift from a domain-focused offering to a broader digital branding

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Cardinal Financial launches nondelegated correspondent program

Cardinal Financial‘s third-party origination division announced Wednesday the launch of its nondelegated correspondent program that targets independent mortgage lenders. The program allows approved nondelegated correspondents to originate loans in their own name while using Cardinal Financial’s loan technology platform, Octane, which provides underwriting, pricing and other operational functions. “In a competitive market, lenders need to

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Vertyx adds AI-powered borrower retention tools to servicing platform

Mortgage servicing technology provider Vertyx on Tuesday announced the release of a new Borrower Relationship Management capability that aims to help servicers and investors identify borrower retention and recapture opportunities earlier in the loan life cycle. The new feature is part of Vertyx’s end-to-end mortgage servicing platform, which is designed to help institutions monitor portfolio

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Ginnie Mae speeds up loan-level MBS overhaul

Long-standing plans at Ginnie Mae to enable loan-level servicing transfers in its mortgage-backed securities could move faster this year under its President Joseph Gormley. Processing Content “Ginnie Mae is increasing the velocity of the initiative to evolve its security platform from pool-level operation to loan-level,” the government guarantor wrote in its annual report, calling this

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