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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HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share.
April 2
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Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
April 2
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The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
April 2
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A court and jury found a father-son executive team liable for wage violations, and a federal judge recently increased the amount of damages for plaintiffs.
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Ajay Pandita is Senior Vice President and Head of the Financial Services, Fintech and Insurance Business Unit at Cognizant. He has over 28 years of experience delivering strategic value and operational excellence to some of the world's largest financial institutions across North America, Europe and APAC. Ajay advises global clients on operating model optimization, benefits realization, business transformation and technology innovation to help them achieve their business objectives and modernize IT and operations.
April 2
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The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.
April 2
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Banks have a lot to celebrate in the operational risk framework, but advocates warn it cuts capital too far.
April 2
