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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National issues such as the economy are prominent. But so are local concerns like a $10,000 limit on deductions for state and local taxes and high housing costs.
October 4
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The Federal Reserve and the Consumer Financial Protection Bureau moderately increased the minimum prices at which the Truth in Lending Act applies to loans and leases.
October 4
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The incidence of at least four flood insurance payouts totaling $20,000-plus, or at least two totaling more than the building's market value, is growing.
October 4
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Stronger than expected numbers for overall U.S. employment additions have diminished lender hopes for steeper rate drops, and industry hiring has been tepid.
October 4
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Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.
October 4
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Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."
October 3
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Franklin Credit Management Corp. agreed to pay $300,000 to Massachusetts and not sell its portfolio of state loans to a different servicer.
October 3
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Buyers aren't necessarily responding to greater inventory and lower mortgage rates.
October 3
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The conforming 30-year fixed rate mortgage rose to 6.12% on Oct. 3.
October 3
