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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In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there's one corner of their business that's raking in a lot more money.
September 4
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Properties sold directly to investors in a foreclosure sale were more likely to be occupied by an owner one year later, compared with those that reverted to the lender, an Auction.com study found.
September 4
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With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.
September 4
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Strong home purchase activity — especially by millennials — pushed up annual price appreciation in July after a disappointing June, according to CoreLogic.
September 3
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The bucket of homeowners in the money to refinance includes anyone who bought a home in the last 18 months, and lenders are on the phone calling them.
September 3
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New Home Mortgage Disclosure Act data shows debt-to-income ratios have risen but also have been frequently cited among reasons for denials, suggesting lenders are becoming more cautious about this underwriting metric.
September 3
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A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.
September 3
