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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NewDay USA, a lender specializing in loans to veterans and military service members, is addressing rate-driven increases in refinancing by hiring more than 100 workers who are new to the business.
October 7
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Consumer confidence in the housing market remains relatively strong, but economic uncertainty is testing its resiliency, according to Fannie Mae.
October 7
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Quicken Loans is now able to perform an electronic mortgage closing in all 50 states, claiming to be the first lender to have this capability.
October 7
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A Rochester, N.Y., developer who faces federal mortgage fraud charges connected to apartments in Buffalo and other cities has pushed back the sale of a significant part of his real estate portfolio until later this month.
October 7
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The Chateau Hotel and Conference Center in Bloomington, Ill., is under new ownership after a judge agreed to enter a foreclosure judgment.
October 7
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Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said.
October 7
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August's median price of single-family homes sold in Santa Cruz County, Calif., dropped to $877,000, according to Gary Gangnes of Real Options Realty, who tracks the numbers.
October 7
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Miami-Dade's housing affordability crisis is so dire, it now poses as much of a threat to the region as sea level rise, according to Florida International University's Jorge M. Perez Metropolitan Center.
October 7
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Fannie Mae is cracking down on homebuyer education requirements, particularly for first-time homebuyers and purchasers utilizing high loan-to-value mortgages.
October 4
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