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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Weaker consumer spending data coming into the holiday season, as well as a resurgence of the COVID-19 spread, pushed mortgage rates to a new low, Freddie Mac said.
November 19
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Sherri Bockhorst is the head of consumer experience and strategy at Businessolver.
November 19
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The Trump administration has moved forward on a plan to privatize Fannie Mae and Freddie Mac, but Joe Biden appointees could take steps to slow or stop their release from conservatorship.
November 18
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The new capital framework for Fannie Mae and Freddie Mac is a prelude to letting the mortgage giants potentially retain all their earnings. But efforts to privatize the companies could face pushback from the Biden administration.
November 18
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Loans with balances under $27,200 do not have to comply with the special rules for property valuations of such mortgages.
November 18
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A Freddie Mac study of loans in forbearance from 2017 and 2020 found that, over both periods, borrowers had low credit scores and high debt-to-income ratios.
November 18
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The 2021 cap is still pretty high, historically speaking, but it’s down from the cap the Federal Housing Finance Agency put in place for a five-quarter period last year.
November 18
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Natasha Sarin is an assistant professor at the University of Pennsylvania Law School and an assistant professor of finance at the Wharton School.
November 18
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New-home construction maintained its momentum in October while possible site shutdowns loom.
November 18
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October was a good month for home sellers in metro Atlanta.
November 18
