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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Wells Fargo, U.S. Bancorp, Truist Financial and PNC Financial were among the banks that said they are raising their prime lending rates from 4.0% to 4.75%.
June 15
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The incident at the mortgage fintech occurred late last year as a spate of attacks rocked other housing lenders.
June 15
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The industry veteran serves on Mortgage Bankers Association board of directors and co-leads its IMB executive council.
June 15
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The Federal Housing Finance Agency also noted limits to its authority in efforts to free the government-sponsored enterprises from conservatorship in its report to Congress.
June 15
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The government-sponsored enterprises' new Refinance Application Level Index pulls Desktop Underwriter data in order to give lenders and mortgage-backed securities investors insight into prepayment trends.
June 15
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This is the biggest increase since 1994, and the Federal Reserve signaled it will keep hiking the interest rate until the end of the year.
June 15
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Unlike two years ago, when the surge of refinance loans created a vast pool of free financing for the industry to use, today lenders must pay for it by the drink.
June 15
Whalen Global Advisors LLC -
Smaller average purchase-loan sizes, which contracted by almost 2%, point to potential signs of diminishing enthusiasm among homebuyers.
June 15
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These buyers snagged 20% of listings in metropolitan areas tracked by Redfin in the first quarter, the highest share since 2000.
June 15
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Chris Pilkerton is the chief legal officer for Accion Opportunity Fund, the former head of the SBA and author of "Underserved: Harnessing the Principles of Lincoln's Vision of Reconstruction for Today's Forgotten Communities."
June 15
