U.S. Treasury’s financial crimes network warns of elder exploitation

The Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury, is sounding the alarm over challenges faced by elder financial exploitation (EFE).In a newly released trends report, FinCEN highlighted more than $27 billion worth of “suspicious activity” across mo
Read MoreFloify integrates with verifications platform Truv

Digital mortgage automation solutions provider Floify is partnering with Truv, a consumer-permissioned data platform, the company announced on Wednesday. The integration allows mortgage lenders to verify income and employment seamlessly as borrowers apply for a loan.Procuring verification of income
Read MoreMajor homebuilder objects to proposed NAR settlement

Atlanta-based PulteGroup Inc., one of the largest homebuilders in the U.S., has filed an objection in the Sitzer/Burnett commission lawsuit following settlements with Anywhere, RE/MAX and Keller Williams.PulteGroup says that the company does not have enough information to adequately determine the am
Read MoreHow AI will transform the mortgage and appraisal industries

Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. With AI’s capacity to perform complex reasoning and manage autonomous operations, it is critical to explore how thi
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