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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Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.
November 20
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Activist John Hope Bryant has suggested the 40-year mortgage as a solution to affordability issues for first-time buyers. While it has some support, industry players are weighing the benefits against the risks.
November 20
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Evergreen Residential has secured $1 billion in capital commitments to support its three business lines, including lending, in investment real estate.
November 19
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Overnight funding markets may be on their own during the next bout of turbulence as a key Federal Reserve backstop is unable to support the entire space unless upgrades are made, according to Barclays Plc.
November 19
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In the aftermath of the election, a bipartisan group of House members are the latest to ask the FHFA to put the owner's title insurance waiver pilot on hold.
November 19
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Government-guaranteed securitization rules complicate servicing sales and are a growing problem for nonbanks, the Community Home Lenders of America says.
November 19
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Lower borrowing costs, reduced exposure to the urban office sector and flattening vacancy rates could collectively save lenders from beleaguered corners of the commercial real estate market.
November 19
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Developers "need those cuts badly" because many projects are financed at floating rates, Jorge Perez, founder and chief executive officer of Related Group, said in an interview on Bloomberg Television.
November 19
