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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Measures related to how interchangeable their mortgage-backed securities are have drawn more focus since July when the Federal Housing Finance Agency added a fee that some fear could upset the balance.
December 1
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New York, Chicago and Philadelphia led the list of large metropolitan markets considered vulnerable to a downturn, based on analysis from Attom.
December 1
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The deal creates a secondary market and securitization outlet for the Ohio-based lender, which reportedly is the buyer of Angel Oak Home Loans.
December 1
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Wells Fargo cut hundreds more mortgage employees Thursday, the latest in a series of reductions across the industry after higher interest rates brought the pandemic-era home-lending boom to halt.
December 1
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Dianne Dobbeck, head of the Federal Reserve Bank of New York's supervision group, said the banking system is sound, but potentially destabilizing risks must be monitored and addressed.
December 1
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HomeTrust Mortgage disclosed customers' names, addresses and Social Security numbers may have been compromised in the incident.
December 1
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The benchmark 10-year Treasury in particular tumbled 11 basis points between Wednesday's close and Thursday's open.
December 1
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The main focus for IT departments going forward is finding solutions that will beef up volume, while shrinking expenses.
December 1
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LENDERS RE-PRIORITIZE TECH INVESTMENTS FOR 2023
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Allowing Fannie Mae and Freddie Mac to buy these loans encourages consumers to purchase more expensive homes, the group said.
December 1
