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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Consumer delinquencies Vantagescore tracked during November generally were above pre-pandemic levels as shopping season began. Mortgages remained the exception.
January 4
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Federal Reserve officials point to overnight reverse repurchase agreement activity as an indication of excess liquidity, which the central bank is working to reduce. But some analysts say that excess liquidity may be drying up faster than expected, with important implications for banks.
January 4
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But this week the 30-year fixed rate mortgage average increased for the first time in two months.
January 4
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Scott Shapiro is the KPMG US Sector Leader for Insurance leading the firm's client experience and resources for the insurance practice. Shapiro joined KPMG in 2012 and has extensive experience in both industry and consulting, spanning over 30 years.
January 4
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Timeless Funding LLC alleges the trouble stricken mortgage lender borrowed over $300,000 and hasn't paid the full amount back. The company wants to recover close to $200,000.
January 4
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The industry is embracing growth by hiring and implementing artificial intelligence tools in the face of significant headwinds.
January 4
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Manhattan home prices rose for the first time in more than a year, as surging high-end sales propelled the market and lower mortgage rates set the stage for a broader recovery in 2024.
January 4
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Brian Spinelli is co-chief investment officer of Halbert Hargrove, a $2.7 billion fiduciary investment management and wealth advisory firm serving clients across the West Coast and beyond.
Based in Long Beach, California, Spinelli has been with Hargrove, founded in 1933, since 2006.
January 4
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But home financing professionals are still expecting high interest rates, natural disasters and recurring stressors like repurchases to affect their bottom lines in 2024.
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