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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It's been a rocky few years for senior housing as the sector recovers from its COVID occupancy drop and its profitability takes a hit. But bankers see long-term opportunities amid an aging U.S. population and say their portfolios are healthy.
October 16
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Expected income earned through rental of the units will be considered in underwriting for FHA-backed mortgages and rehabilitation loans.
October 16
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The bank argues federal law preempts a New York state statute requiring at least 2% interest payments on borrowers' accounts.
October 16
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Seth Fineberg is a consultant to the public accounting profession and the founder of Accountants Forward. A highly seasoned editor and business journalist, he was previously editor of AccountingWeb and technology editor of Accounting Today.
October 16
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While the latest change applies specifically to COVID forbearances, the agency is looking at more options for alternatives that can be offered on a regular basis, Director Sandra Thompson said.
October 16
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Federal Reserve Bank of Philadelphia President Patrick Harker said higher interest rates are making it more challenging for first-time home buyers by raising borrowing costs and limiting inventory, which is also leading to higher home prices
October 16
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"We are not selling and giving up what we have worked 27 plus years to build," founder Steve Jacobson wrote.
October 16
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While great progress has been made towards the goal of reducing capacity by 30%, job reductions should continue for several more quarters.
October 16
