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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Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender.
July 18
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Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September.
July 18
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After three weeks of holding fairly steady, average mortgage rates ticked up this week, ironically due to investor optimism that the Federal Open Market Committee will cut short-term rates, according to Freddie Mac.
July 18
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Quicken Loans Inc.'s biggest quarter to date means more jobs in Detroit.
July 18
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The pace of home sales in metro Atlanta was down dramatically last month compared to the same period last year, according to reports released this week.
July 18
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The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.
July 17
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An expanding gap between sharp home price appreciation and relatively feeble income growth dating back to 1960 brewed America's affordability crisis, according to Clever Real Estate.
July 17
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An important traditional tool of monetary policy has been diminished and may even become counterproductive in the future.
July 17
Whalen Global Advisors LLC -
Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.
July 17
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The second quarter continues to shape up as a good one for bank mortgage lenders — and one ancillary service provider — that are benefiting from a spike in volume.
July 17
