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.
-
The Cincinnati bank's new division will lend to nonbanks that make or bundle together residential mortgage loans, whose businesses have slowed as higher interest rates lower appetite for refinancing. The warehouse sector has seen "fierce competition" among banks lately, one analyst wrote.
September 20
-
While several single-family indicators rose compared with July, homebuilder authorizations for new construction continued to lag.
September 20
-
Because the co-buyers own 100% of the property jointly, Pairadime is different than equity sharing firms like EquiFi, Hometap and Unison, which take a stake in the property in exchange for funds.
September 20
-
Marc Gordan is Head of Global Telematics Product Strategy and Development at LexisNexis Risk Solutions. In his role, he is responsible for the product strategy roadmap related to connected car, usage-based insurance and telematics offerings for LexisNexis and the team of professionals taking products from initial idea to execution.
September 20
-
Alicia Chandler is president of Indianapolis-based
Oak Street Funding , a First Financial Bank company, with customized loan products and services for specialty lines of business including CPAs, registered investment advisors and insurance agents nationwide.September 20
-
Plaintiffs in two similar class action complaints accuse the companies of failing to protect their Social Security numbers and loan information.
September 19
-
Payment suspensions on loans securitized through the government-backed market stopped falling in May, plateaued over the summer, and reversed course last month, according to an industry trade association.
September 19
-
A new group called MoreThanFair aims to establish the lines between fair and unfair lending, to set best practices for the use of AI in lending and to lessen the stigma of fintech lenders.
September 19
-
SPS will have roughly 1.4 million mortgages in its portfolio after the transaction closes, something the two companies estimate will occur in the fourth quarter of this year.
September 19
-
August's 0.3% drop in prices from July was the largest in 11 years, according to the raw Zillow Home Value Index.
September 19
