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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Fannie Mae and Freddie Mac’s exemption from the Qualified Mortgage rule is on borrowed time, but a House bill would allow lenders to use the mortgage giants’ guidelines for documenting borrower income.
November 12
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Spokane County, Wash., home sales spiked in October, marking the second month in a row for year-over-year sales increases since 2018.
November 12
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The sponsors of the Class A structure, deemed a “trophy asset” by Kroll Bond Rating Agency, are placing $825 million of a $1.2 billion whole loan into a transaction dubbed CPTS 2019-CPT.
November 12
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Michelle Canaan is the manager of insurance research for the Deloitte Center for Financial Services.
November 11
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Kelly Cusick is a managing director with Deloitte Consulting LLP in Chicago and advises insurance clients on transformational initiatives related to their underwriting, product management and actuarial functions.
November 11
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Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace culture. She was previously a video producer at Yahoo Finance with a focus on personal finance and career development, and has also worked for ABC World News with David Muir and ABC 20/20. Her writing has appeared on amNew York, The Daily Beast, Yahoo Finance, Huffington Post and ABCNews.com. Alyssa graduated with a bachelor's degree in journalism and sociology from New York University.
November 11
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IndiSoft will continue to support the distressed-borrower assistance platform formerly known as Hope LoanPort after the nonprofit that runs it winds down operations at the end of this year.
November 11
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The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.
November 11
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Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.
November 11
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Pipan Wilson is a client liaison in the absence management center and customer experience center at Unum, and also serves as chair of Unum’s veterans employee resource group. She can be reached at PWilson@unum.com.
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