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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The lender has been largely unresponsive in at least three other federal lawsuits from firms seeking recourse in mortgage contracts.
October 18
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Many Wall Street economists are holding firm to their bet that U.S. inflation will slow substantially over the next year even as they're being forced to keep raising their predictions for coming months.
October 18
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Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors
October 18
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The Federal Housing Finance Agency performance report also calls for owner occupants and community groups to get first dibs on over 90% of real-estate owned sales.
October 17
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Quarterly numbers also show the smallest gain in appreciation since 2011, with values decreasing on an unadjusted basis, according to Fannie Mae.
October 17
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Bank of America Corp. is predicting a "shallow economy" though signs of weakness or stress aren't showing yet, according to its chief executive officer.
October 17
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The Detroit-based lender said the program will "accelerate loan purchases" and "eliminate significant costs" for its partners
October 17
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The Federal Reserve Bank of Philadelphia also found that interest rate spikes are preventing modification programs from effectively reducing principal and interest payments as originally intended.
October 17
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The company which currently employs over 1,400 will reportedly close one of its Reno-area offices and let go over 100 workers at another location in December.
October 17
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The agreement includes roughly $300 million in restitution, and a $100 million civil money penalty that will be one of the largest in New Jersey's history if it receives court approval.
October 17
