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Author name: Ricky Vasquez

Larry Bailey headshot

Mortgage Workflow Governance Comes Before AI Investment

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Mortgage lenders continue to invest in AI, automation and digital transformation despite ongoing cost pressures. Yet many organizations still struggle to achieve the returns they expected. Larry Bailey, CEO of Mortgage Workflow Partners, said the problem isn’t the technology itself. It’s that lenders often implement new tools before fully understanding the workflows those tools are […]

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Influential investor updates Fannie Mae, Freddie Mac outlook

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The outcome for Fannie Mae and Freddie Mac’s stock is “in the Trump administration’s hands,” with pressure to determine this before the president’s term ends, according to Michael Burry, a famous investor. Processing Content In a new report published Friday, Burry downplayed the impact of Trump’s recent executive order on mortgage credit and its potential

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Inside Bayview’s $26M breach deal: Fees, payouts

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A federal judge has closed Bayview Asset Management’s massive data breach lawsuit, including OKing a big award for the plaintiffs’ attorneys.  Processing Content U.S. District Judge Darrin P. Gayles issued a final judgement in the case last Friday, ending a saga that began with a hack at Bayview’s servicing subsidiaries in late 2021. Bayview agreed

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