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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Richard "Dick" Parsons, the former Citigroup chairman who died Thursday, is credited with helping the New York megabank survive the financial crisis. Earlier in his career, he led Dime Savings Bank out of the savings-and-loan crisis.
December 27
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The regulator said users had trouble finding information like tenant rights and contact information for local government housing offices.
December 27
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Only 5% of homeowners in designated disaster-assistance areas were required to hold flood insurance, according to the Federal Housing Finance Agency's dashboard.
December 27
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Loan officers say the main reasons real estate partnerships fall through are poor communication and mismatched expectations.
December 27
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Proceeds from the sale will be used by HomeStreet to pay down Federal Home Loan Bank advances and brokered deposits.
December 27
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The lender and servicer is spending $9.3 million on security upgrades in addition to its pending $25 million fund for consumers and their attorneys.
December 26
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Ross Buckley is a scientia professor at UNSW Sydney. He is a board member of Australia's central bank and chairs the Digital Finance Advisory Panel of Australia's securities regulator. He has twice been a Fulbright Scholar, at Yale and Duke.
December 26
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Jason Mitchell, the CEO of The Mitchell Group, called the CFPB's lawsuit against both his company and Rocket Homes "a witch hunt."
December 26
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Mortgage rates have run higher since the most recent Federal Reserve meeting as consumer spending points to economic strength.
December 26
