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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Some large mortgage companies reportedly have high retention rates, but the industry average is a different story, according to Mortgage Bankers Association data.
February 23
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Federal Reserve Bank of New York President John Williams said the economy is headed in the right direction, and it will likely be appropriate to cut interest rates later this year
February 23
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Across the nation, over 700,000 Black families are "income mortgage-ready," or able to spend 30% or less of their income on a home loan for the typical house in their local market.
February 23
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A financial services veteran, Peter Akwaboah joins the government-sponsored enterprise after serving as a managing director for Morgan Stanley, where he led technology and innovation strategy.
February 23
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The mortgage lender is suing James Hecht, now CEO of OneTrust Home Lending, for organizing a ruse in which he fired a group of managers and then rehired them at his new company.
February 23
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Property lenders have often been willing to work with borrowers since the pandemic upended commercial real estate. Increasingly, their patience is running out.
February 23
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The megalender and servicer Rocket reported annual origination volume in 2023 of $78.7 billion, a 40% decline from 2022.
February 22
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Perry Carpenter is co-author of "
The Security Culture Playbook: An Executive Guide To Reducing Risk and Developing Your Human Defense Layer ." [2022, Wiley ] His second Wiley book published on the subject. He is chief evangelist and security officer forKnowBe4 , provider of security awareness training and simulated phishing platforms used by more than 65,000 organizations around the globe. Contact him atperryc@knowbe4.com .February 22
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At least six legal actions are currently pending against Planet Home Lending for failing to protect customer data in November 2023.
February 22
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The New York bank's AI research group has published 400 papers, according to new research from Evident; TD Bank Group's Layer 6 unit published 14 last year. These groups work to solve real-life problems in the business units.
February 22
