Freddie Mac LAS VEGAS, March 19, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can effectively serve more borrowers while reducing risk. The collaboration will leverage both
Intercontinental Exchange has entered into a licensing agreement with REdistribute, a joint venture owned by a number of multiple listing services that would allow the mortgage technology behemoth to gain additional access to real estate listing data. This multi-year licensing agreement is in addition to existing pacts for data with The Realty Alliance and the
Ginnie Mae on Monday announced that it has addressed a technical issue that had affected a portion of the single-family issuer operational performance profile. The prepayment field, which had been displaying outdated information, is something mortgage companies that issue the mortgage-backed securities that Ginnie guarantees can expect to see updated information on it in the
Loandepot was hit by a cyberattack, the company announced Monday. The top-ranked mortgage lender “determined that the unauthorized third-party activity included access to certain company systems and the encryption of data,” per a filing with the Securities and Exchange Commission. As a result, it took some operations offline. The company did not provide specifics regarding