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Internet mortgage lenders have particularly suffered. A home loan is the biggest financial commitment most people make in their lives, and few are ready to transact it in cyberspace.
As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from ...
Building cyber resilience is crucial for small to medium-sized businesses in the mortgage, title insurance and real estate segments. By defining resiliency requirements, you can set the foundation ...
The company reported $39.7 billion in loan originations for the quarter, up from $32.4 billion in the previous quarter.
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