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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Speaking at an event hosted by The Clearing House, the Federal Reserve's vice chair for supervision said he expects both instant payment processing systems to be widely adopted over time.
November 17
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Policymakers are all too quick to categorize IMBs as financially risky institutions; making them easy targets for stricter - and unnecessary - federal oversight and regulatory efforts, Stevens and Olson argue.
November 17
Mountain Lake Consulting -
Black, Hispanic and Asian homeowners had a 44%, 32% and 30% denial rate for HELOC products, while white homeowners had a 23% denial rate, an analysis of HMDA data by the Federal Reserve Bank of Philadelphia found.
November 17
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More than half of millennials and Gen Z ranked house hacking — the opportunity to rent out a portion or the entire property to earn extra income — as an important factor in their search, according to Zillow research.
November 17
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The victory for Rithm, which began as a firm investing in mortgage-servicing rights, makes it a big player in money management now that it has Sculptor's $32.8 billion of assets.
November 17
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Residential starts increased 1.9% last month to a 1.37 million annualized rate, the highest in three months, government data showed Friday.
November 17
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With mortgage rates retreating and inflation abating, short sellers who'd been capitalizing on the three-month slump in homebuilder stocks may need to prepare for a rebound toward year-to-date highs.
November 16
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The Consumer Financial Protection Bureau said in an annual report to Congress that unpaid medical debt is plagued by inaccuracies, and that consumers are often faced with opaque pricing and uncertain insurance coverage.
November 16
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John McGowan is the founder and CEO of
HubSync , a SaaS company with a next-generation tax and accounting automation platform created with the goal of changing how professionals work and how clients interact with CPA firms. He has over 25 years of experience driving technology innovation and investment at Deloitte and KPMG, where he served as a partner-in-charge of tax technology and global chief information officer, respectively. He holds a BSBA and a Master of Accounting from the University of North Carolina at Chapel Hill.November 16
