Tagged: Risk Management

Old statutes, new models, and the vendor contract you signed before machine learning became operational

As regulatory scrutiny intensifies, lenders must prove AI systems are transparent, compliant, and defensible across the mortgage lifecycle

The real vulnerability in lending isn’t borrowers — it’s bad data

As lenders adopt AI tools, understanding the risks behind the technology is more important than ever

The Mortgage Bankers Association appoints veteran nonprofit finance exec as vice president and chief financial officer to lead its financial strategy and operations

Mortgage fraud risk increased 8.2% year-over-year in Q3, with an estimated one in 118 applications showing indications of fraud

While some lenders regard compliance as an expense rather than a strategic asset, Andrew Liput cautions that doing so can have devastating consequences on a company’s survival

Reluctance from consumers to trust AI tools is complicating loan closures and introducing stress points for lenders and borrowers alike

TransUnion says lenders should monitor for this trend, work proactively with consumers who show it to help prevent them from falling behind

FICO claims its latest credit score identifies more risky borrowers, better serves lenders