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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Michael Abbott founded Composite Software in 2001 and drives the technical vision of the company at the CTO. Prior to founding Composite, he was CTO and EVP of Electron Economy, a supply chain software company named to Upside's list of Top 100 companies of 2001. He has published widely and speaks regularly on database and XML topics and participates in a JSR Expert Group, is on the XML Query Working Group at the W3C, has served the President of the Silicon Valley BEA Users Group and was the founder/chair of the XML Sig for the Software Development Forum for the past three years.
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The National Consumer Law Center is claiming the Credit Data Industry Association wants to suppress Consumer Financial Protection Bureau complaint filings.
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The SEC named Demetrios "Jim" Logothetis as chairman of the PCAOB, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members.
February 2
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The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found.
February 2
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The mortgage lender will also conduct its own independent audit to determine if any further instances of unlicensed activity occurred after 2022.
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William Lacy Clay Jr. is a senior policy advisor at Pillsbury Winthrop Shaw Pittman LLP. He represented Missouri's 1st Congressional District in the House of Representatives from 2001 to 2021. He served as the ranking member on the House Financial Services Subcommittee on Financial Institutions and Consumer Credit in the 115th Congress.
February 2
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The Senate-approved bill that hadn't yet cleared the House at the time of this writing would fund agencies like HUD through the end of the fiscal year.
February 2
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Although investor properties, which are prone to higher chances of default, account for 58% of the pool, the strong borrower and collateral quality mitigate the credit stress.
February 2
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Dan Sogorka is leaving Rocket to be with his family in San Diego, while Austin Niemiec's title is unchanged but he will no longer be responsible for retail.
February 2
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Mortgage subsidiary Newrez expects to begin moving borrowers onto the platform by 2027, with the deal marking its second major tech investment this year.
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