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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But most borrowers who have exited forbearance plans are back on track when it comes to paying, and the incidence of loss mitigation plans is high among those who aren't.
October 5
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If the tally included loans with some form of payment relief, the rate would be close to 8%.
October 5
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Anthony Macciola is Chief Innovation Officer at
ABBYY , a global digital intelligence company. He holds more than 45 patents for technologies in mobility, text analytics, image processing, and process automation, and is leading AI initiatives at ABBYY.October 5 -
Low rates and intense competition might lead some banks to ease underwriting standards in 2021, when the economy may not yet have recovered.
October 5
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The notes are backed by $456.9 million in high-balance loans that meet qualified mortgage standards, according to ratings agency presale reports.
October 5
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Kroll's $2 million settlement with the SEC over failing to adhere to credit-rating standards for CMBS and CLO bonds are fueling concerns that rosy credit grades are masking deeper structural problems with the securities exposed by COVID-19 related stresses, say critics.
October 5
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The supply of homes for sale in Riverside and San Bernardino counties was 48% below year-ago levels for the week ending Sept. 26, according to Zillow.
October 5
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A buying frenzy, with soaring prices and out-of-state buyers, continues to dramatically affect the housing market in Missoula, Mont., but at least one data source shows it's just a continuation of a years-long trend.
October 5
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Grovetta N. Gardineer is senior deputy comptroller for bank supervision policy
at the Office of the Comptroller of the Currency.October 5
