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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Large language models were a big part of the discussion during the company's earnings call on Thursday.
October 27
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Even though it is less than two years since it allowed Fannie Mae and Freddie Mac to accept such valuations, it is difficult to evaluate their effectiveness without such examinations.
October 27
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Consumer spending has driven core inflation metrics to their highest levels in months, according to data released by the Bureau of Economic Analysis. Higher inflation will likely serve as a signal to the Federal Reserve to maintain high interest rates.
October 27
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The support of Och potentially puts an end to a bidding war that pitted Sculptor against hedge fund founder Boaz Weinstein and a group of billionaires, who most recently said they would pay $13.50 for the embattled hedge fund firm.
October 27
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The mortgage broker must stop doing business in Washington state because of its failure to pass through FHA mortgage insurance payments.
October 27
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The company posted third-quarter profits of $194 million but gave no details about a potential split of its mortgage business.
October 26
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CEO Scott Sanborn said it's unclear when demand from banks to buy the fintech's loans will return.
October 26
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The Hicksville, New York, company beat analysts' expectations on net interest income, but a pair of souring office loans contributed to a 68% increase in nonperforming loans from the prior quarter.
October 26
