Technology

Nations Direct agrees to settlement over 2023 data breach

Wholesale lender Nations Direct Mortgage will settle a class action suit resulting from a 2023 cyberattack that led to the leak of personal data belonging to more than 83,000 consumers. The Henderson, Nevada-based business first began notifying victims and regulators in the months following a one-day cyber incident took place in late December 2023. Following […]

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Redfin defends climate risk transparency after Zillow removes data

While Zillow made waves earlier this week after removing climate risk data, which was supplied by First Street Technologies, from its listings, Redfin has taken a different approach. In a post on LinkedIn, Redfin’s chief economist Daryl Fairweather wrote that her firm had made the choice to continue displaying the data “because homebuyers find climate

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National Flood Insurance launches faster quote portals

National Flood Insurance, LLC is streamlining the flood insurance process for agencies and mortgage brokers with two new platforms. Flood Quotes and the Flood Insurance Portal allow users to compare multiple quotes from carriers, purchase policies directly and manage quotes, policies and client details through a dashboard. “We developed Flood Quotes to simplify, expedite, and

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Empathy can’t be automated — neither can financial guidance

Empathy can’t be automated — neither can financial guidance

Will AI ultimately supplant financial advisors? We certainly see headlines hinting at such a fate, including one in Financial Planning: “Don’t think AI will replace you? That’s this CEO’s goal.” Ronak Amin, vice president of customer success, Aidentified In the October article by FP reporter Rob Burgess, Fahad Hassan, head of RIA Range Advisory, likened

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Wells Fargo taps head of consumer banking to lead on AI

Wells Fargo taps head of consumer banking to lead on AI

Key Insight: Wells Fargo has tapped its head of consumer and small-business banking, Saul Van Beurden, to lead its expanding efforts in artificial intelligence. Supporting Data: Just in the past year, Wells Fargo has trained over 90,000 employees to use new AI tools, according to CEO Charlie Scharf. Expert Quote: The new appointment is “a

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Zillow launches new tool to help renters build credit

Zillow is helping renters use their monthly payments to boost their credit profiles through CreditClimb, a new tool powered by Esusu. Renters can now enroll in CreditClimb directly through Zillow to have their on-time rent payments reported to the three major credit bureaus for $20 a year. The tool also helps renters track their credit

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Unlisted aims to unlock inventory by matching buyers and owners

The idea for proptech firm Unlisted came to founder and CEO Katie Hill after she fell in love with a neighbor’s house and approached him about potentially buying it if he ever decided to sell. “It caught my eye and the only thing I could do was walk across the street one day when my

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Figure unveils industry-first blockchain stock offering

Figure Technology Solutions Inc. filed a registration statement on Monday with the Securities and Exchange Commission (SEC) for a proposed public offering of its Series A Blockchain Common Stock, marking the launch of the first blockchain-native public equity security. Figure‘s offering introduces several industry firsts, which could make it a model for future issuances. The

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Bright MLS to integrate ICE’s Paragon Connect platform

ICE Mortgage Technology and Bright MLS, the nation’s largest multiple listing service (MLS), announced that Bright will integrate ICE’s Paragon Connect MLS platform into its technology ecosystem as part of its long-term growth strategy. Paragon Connect is a mobile-first MLS platform designed to let real estate professionals research listings, collaborate with clients and manage their

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Jason Cao joins Tidalwave as COO

Jason Cao joins Tidalwave as COO

Tidalwave, an agentic AI mortgage technology startup integrated with Fannie Mae and Freddie Mac, recently announced the hiring of Jason Cao as chief operating officer. Cao, an early investor in Tidalwave two years ago, was most recently COO at CertiK, where he helped build it into a unicorn as the world’s largest blockchain security company.

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