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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Despite the latest pick-up in volume, stubbornly elevated interest rates led both the Mortgage Bankers Association and Fannie Mae to recently adjust 2024 and 2025 forecasts lower.
November 27
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Residents of Minnesota have the highest average credit score, at 726, beating the national average of 701.
November 27
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The company, now known as Onity, is challenging a previous interpretation of the Fair Debt Collection Practices Act in the Eleventh Circuit Court of Appeals.
November 27
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The proposed class action lawsuit comes after Anniemac revealed that over 170,000 of its customers may have had their data leaked.
November 27
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Tuesday's declines lifted yields by one to four basis points across maturities after Trump said he'd impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada.
November 26
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U.S. lumber prices, which already have risen in recent months due to lower production in Canada, could see further gains after President-elect Donald Trump's proposed tariffs on trade from north of the border.
November 26
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Expanded data shows home prices rose over 5% annually at the end of the third quarter, prompting the FHFA to boost mortgage loan limits accordingly.
November 26
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Southern Trust Mortgage claims its former LO, now employed with Movement, stole thousands of confidential files and its customers.
November 26
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Lucas White is president of The Fountain Trust Company in Covington, Ind., and chairman of the Independent Community Bankers of America.
November 26
