A small vendor is suing Pennymac for stealing its technology, in a case the litigant compared to the larger competitor’s previous spat with Black Knight. Processing Content Surge, a customer relationship management vendor which claims to work with large wholesale lenders, sued Pennymac for breach of contract this week in a Michigan court. The plaintiff […]
CRM vendor sues Pennymac for software theft Read More »
Government-sponsored enterprise plans for legislatively-mandated credit score modernization drew mixed opinions Thursday as lawmakers held a House Financial Services Committee hearing on broader consumer data rules. Processing Content Dan Smith, president and CEO of the Consumer Data Industry Association, backed the idea of adding VantageScore at the GSEs to compete with FICO Classic, which has
Lawmakers spar over GSE credit score modernization plans Read More »
Monday the 5-year yield opened a little higher, Tuesday a little lower, Wednesday a little higher, yesterday a little lower, so do I even need to say that the opening today was a little better? Processing Content Crude being down more than $7 didn’t hurt and then just minutes ago a headline reading Iran’s Foreign
Yields sink as oil drops, Iran opens Hormuz strait Read More »