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 investment giant said its direct-to-consumer channel will offer ancillary products in preparation for any future refinance environment.
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But strong g-fees, a positive credit-loss adjustment and stable home prices bolstered results despite declines in mortgage purchases to lows not seen in some time.
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Prices nationally climbed 6.4% from a year earlier, an S&P CoreLogic Case-Shiller index shows. That's larger than the 6% annual gain in January.
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AI is eliminating some of the day-to-day drudgery of a mortgage professional, giving them space to create more success in their career.
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The Federal Housing Administration removed housing finance firms from the list of permitted interested-party contributors in a new reverse-mortgage rule.
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The company's attorneys had previously managed to successfully decertify the class in the seven-year long case, but the decision was reversed last year.
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David R. Eichenthal, Senior Advisor for Policy Implementation and Delivery, U.S. Department of Treasury/U.S. Digital Service
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Laurel Blatchford, Chief Implementation Officer for IRA, U.S. Treasury Department
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Banks and other financial market participants have been keyed into the central bank's communications around monetary policy expectations. But in an unpredictable economy, the guidance doesn't always hit the mark.
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UWM's leader Mat Ishbia saw his total compensation balloon to over $12 million compared to 2022, while Rocket's CEO received $3.4 million during the first four months of his tenure.
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