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 Series B investment round for the power buyer comes at a time when all-cash purchases account for almost a quarter of the market.
October 22
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The Alabama company agreed to buy two nonbank lenders earlier this year. It’s still on the lookout for possible deals, potentially in corporate finance or wealth management, its chief financial officer told American Banker.
October 22
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Around 432,000 homeowners exited their pandemic-related payment suspensions in the first 19 days of October and more than 280,000 plans have month-end review dates, but the number of private-loan plans increased.
October 22
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Trustmark Bank agreed to pay $9 million to resolve allegations that it discriminated against Black and Hispanic residents in Memphis, Tennessee. Attorney General Merrick Garland said the Department of Justice and other agencies will continue their crackdown.
October 22
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Seasonal patterns are also playing a part in the slowdown in buyer demand, the company said.
October 22
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Eric Halperin, a longtime consumer advocate, is the first big hire by the new director of the Consumer Financial Protection Bureau.
October 22
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The industry is prioritizing Black and Hispanic consumers in the interest of social equity and to tap new markets amid declining refinance volume and rising rates.
October 22
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Scott Kominers is the MBA Class of 1960 Associate Professor at Harvard Business School and a Faculty Affiliate of the Harvard Department of Economics.
October 22
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Christian Catalini is the chief economist of the Diem Association and Diem Networks US, and co-creator of Diem (formerly Libra).
October 22
