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Foreclosure filings rise 10% annually in July, ATTOM says

U.S. foreclosure activity increased in July, with foreclosure filings rising 10% from a year earlier, although activity remained below historic norms, according to ATTOM‘s July 2026 U.S. Foreclosure Market Report released Thursday. A total of 39,906 U.S. properties had foreclosure filings in July, including default notices, scheduled auctions and bank repossessions. That was up 1% […]

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Academy’s $2M data breach deal: Why litigating rarely beats settling

Academy Mortgage’s decision to settle its data breach case for nearly $2 million adds to a growing body of evidence: lenders facing similar claims are choosing to pay rather than fight. As mortgage companies rack up millions in breach-related settlements this year, the calculus for in-house counsel and risk teams is becoming clearer, litigation is

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How in-house AI coding risks unexpected token, upkeep costs

Mortgage lenders tempted to let AI ‘vibe code’ their way to more affordable in-house software may be underestimating the price tag and the risk. As tools like Claude and ChatGPT make it possible for non-developers to build tech in a matter of prompts, industry advisors warn that token costs, compliance exposure and staff turnover can

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