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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Julien Bras is portfolio manager of Allianz Global Investors’ Green Bond strategy, based in Paris.
May 19
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Sellers are currently willing to concede discounts of around 5%, while bidders are hoping for about 20% off pre-pandemic prices. That estimated gap, which is likely wider in specific cases, has put a freeze on deals.
May 19
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The coronavirus pandemic took a toll on the Baton Rouge, La., area housing market in April, with sales dropping 12.6% compared to last year, but prices are holding up.
May 19
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Ohio's homeownership rate rose in the first quarter of this year to the highest level since 2011, suggesting a robust housing market and growing economic stability.
May 19
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The Federal Housing Finance Agency clarified that borrowers with Fannie Mae- or Freddie Mac-backed mortgages who have entered into forbearance plans can be eligible for a refi or new purchase once they are considered “current” on their mortgage.
May 19
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Home construction starts plunged in April by the most in records back to 1959, as the nationwide lockdown to control the spread of the coronavirus hammered the housing market and broader economy.
May 19
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The agency has freed companies from reporting requirements and provided flexibility on exams to help them deal with COVID-19 fallout. It has also finished other regulatory relief efforts that were in the pipeline before the pandemic hit.
May 18
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The two mortgage giants said they would begin the process of hiring outside firms to help raise capital that will be needed to exit conservatorship.
May 18
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Total forbearance driven by the coronavirus rose by 25 basis points, which suggests it is still growing but at a slowing pace, according to the Mortgage Bankers Association.
May 18
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Brian White, an associate professor at the University of Texas at Austin, is a past chair of the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association.
May 18
