The mortgage industry's digital transformation is revolutionizing the home buying experience and upending the status quo for lenders and servicers. The Digital Mortgage Conference is the premiere event exclusively dedicated to these developments, bringing over 1,500 professionals to Las Vegas on Sept. 17-18 for keynote speakers, panels and the main attraction: live product demos showcasing the latest mortgage innovations.
-
A vast majority of the pool, 86.35%, consists of primary homes. Investment properties and secondary homes, meanwhile, account for 11.29% and 2.36% of the collateral.
July 3
-
The payment supplement partial claim the Federal Housing Administration proposed could be effective but not as is, according to the Mortgage Bankers Association and two other groups.
July 3
-
The transaction for the lending specialist ends a joint venture with Serva, which is a relocation services company.
July 3
-
It's been a tough housing market for first-time homebuyers. To ease their pain, VyStar has launched Dream2Own, which provides a credit simulator that doesn't hurt these prospective borrowers' credit scores.
July 3
-
The company, which is winding down operations, is seeking over $4.6 million from seven industry partners.
July 3
-
Black Americans experienced denial rates of 16.4% in 2022, up from 15.7% the year before, the Federal Financial Institutions Examination Council said last week.
July 3
-
Wells Fargo directed its bilingual team to steer customers away from products with no closing costs toward "predatory lending options" without disclosing the costs, in part by refusing to provide Spanish-language written materials, according to the complaint.
July 3
-
While the possibilities for artificial intelligence's applications are vast, mortgage shops today are focused on having it identify borrowers who are in the market to purchase a property, according to a report from Stratmor.
July 3
-
The latest quarterly increase in revenue comes as other reports show home values heading upward and affordability declining.
July 3
-
Higher capital requirements tend to drive certain lending activities away from banking and toward so-called shadow banks. How regulators shore up banks without driving their customers away is the source of a spirited philosophical debate in Washington.
July 2
