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 acquirer will use the liquidation of a residential mortgage company’s assets to move several notches up in the rankings.
July 26
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The average mortgage borrower has gotten a hometown discount when buying a property, as the rise of remote work allowed for migration away from large metropolitan areas, according to a Redfin report.
July 26
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While federal regulators attempt to overhaul the Community Reinvestment Act for banks, Congress has shown little interest in applying it to other lenders. But recent moves in Illinois and New York have given some stakeholders hope that state lawmakers will pick up the slack.
July 26
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Ensuring the safety and soundness of Fannie Mae, Freddie Mac and the Federal Home Loan banks is the core responsibility of the Federal Housing Finance Agency. That shouldn't change now that the president has the authority to fire the FHFA's director at will.
July 26
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Sales of new U.S. homes dropped unexpectedly in June to the lowest since April 2020, showing a further weakening in demand against a backdrop of elevated prices and tight supply.
July 26
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The guarantor has for the first time proposed a risk-based capital requirement for companies not subject to other federal regulation. The industry says the plan, which would impose a heavy charge for servicing portfolios, could drive lenders away from government-backed programs.
July 26
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Also: MeridianLink announces pricing of its IPO, mortgage rates fall following COVID-19 worries, FHFA change
July 23
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The money’s distribution is really the states’ responsibility and mortgage companies already have a lot to juggle, but their involvement is essential to forbearance outcomes, according to a former HUD official.
July 23
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Jennifer Nuckles is EVP + Group Business Unit Leader at SoFi, which serves as a loyal partner to a fast-growing community of 900+ employer partners throughSoFi at Work . SoFi at Work is a holistic and data-driven financial well-being benefits platform that offers a full suite of services, tools, insights, and educational resources tailored to address the unique and evolving needs of each workforce through a dynamic dashboard experience.July 23
