Constellation Software launches new data services business

Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers. Continue reading

Optimal Blue is about to drop an AI assistant aimed at mortgage execs

Conversational generative AI chat assistant, Ask Obi, is aimed at providing high-level insights “to better understand the data that drives their business.” Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Freddie Mac deepens integrations with ICE’s Encompass platform

Mortgage giant claims lenders who embrace automation enjoy fewer loan defects and cut loan production time and cost compared to lenders with lower technology utilization. Continue reading

Tech enables instant mortgage payments with a debit card

Payment processing technology developed by REPAY is now available to loan servicers through ICE Mortgage Technology’s Servicing Digital solution, a customer engagement and retention tool. Continue reading

ICE on a signing spree for new ‘mortgage tech ecosystem’

In pursuit of a bigger slice of an estimated $14 billion market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and four new servicing clients. Continue reading

Jungo and Homebot team up to cultivate mortgage prospects

Integration of Jungo’s CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients. Continue reading

ICE signs Raymond James Bank to use Encompass mortgage platform

In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish. Continue reading

Black Knight awarded $155.2M in PennyMac trade secrets lawsuit

PennyMac is putting a positive spin on the arbitrator’s ruling, saying the decision allows it to continue to use the disputed loan servicing software “free and clear of any restrictions.” Continue reading

Investors who fund most home loans get new climate risk tool

Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading