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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Plaintiffs in two similar class action complaints accuse the companies of failing to protect their Social Security numbers and loan information.
September 19
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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
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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
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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
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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
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A gauge of U.S. homebuilder sentiment declined for a ninth straight month in September as mortgage rates continued to climb, further accelerating the housing-market cool-down.
September 19
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Scott M. Pearson leads the consumer financial services practice at Manatt, Phelps & Phillips.
September 19
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The Federal Housing Finance Agency's new office will assess technology solutions for an industry viewed by many as too slow to embrace digital efficiencies.
September 19
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No U.S. region reported growth in issuances, with the number falling off the most in the Midwest.
September 16
