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.
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A survey of 100 lenders in December found that almost half (47%) of the participants closed a loan package using digital solutions, such as eSignatures and remote online notarization.
January 12
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The Department of Justice said City National avoided offering home loans in Black and Hispanic neighborhoods in Los Angeles County from 2017 to 2020.
January 12
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The 30-year fixed loan rate dropped 15 basis points compared with last week as bond market investors acted in advance of this morning's Consumer Price Index report.
January 12
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With Control Your Price loan officers can lower the interest rate by up to 40 basis points on a loan and by 1.25 percentage points across their pipeline.
January 12
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The move, which comes with an unspecified number of layoffs, is expected to cost the company $3.8 million to $4.6 million in pretax charges in the second quarter.
January 12
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The shift opens the door for regional banks to increase their aggregation activities, analysts said.
January 12
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But the numbers still generally remain below pre-pandemic levels, according to Attom.
January 12
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The chill in North America's housing market has lumber traders saying the commodity's recent rally may not have much more room to run.
January 11
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Company president and former Fannie Mae CEO Tim Mayopoulos will step down in the first quarter, one of four few resignations among leadership this month.
January 11
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The transactions, combined with news Wells Fargo will be shedding some mortgage servicing rights, add to indications that prices for investors may be more favorable this year.
January 11
