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DataTrace on AI’s reality, risk and responsibility in title search

DataTrace has released a new white paper examining how artificial intelligence (AI) is reshaping title workflows and where trusted data infrastructure remains essential. The paper, “Title Search Automation: Reality, Risk, and Responsibility of AI,” finds that while AI can improve speed and workflow efficiency, accurate title search and decisioning still depend on normalized data, title […]

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Shawn Ansley, chief information officer at Vice Capital Markets

Freddie, Fannie updates lead wave of secondary market news

Fannie Mae, Freddie Mac, Vice Capital Markets, Better Mortgage and Wolters Kluwer are among companies adding new secondary market offerings, financing or related technology this week. Processing Content Freddie has released two new types of low-loan balance 30-year mortgages that receive cash pay-ups, according to Vice Capital Markets, which has added the products to its

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TCPA lawsuits hit nine more mortgage lenders

Consumers continue to pile lawsuits over spam calls and messages against a wide range of originators, in complaints that, if successful, could deliver big paydays. Processing Content Rocket Mortgage and United Wholesale Mortgage are among the nine lenders facing new Telephone Consumer Protection Act complaints filed since February. Some of the companies have already moved

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