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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Removing such debt information from consumer reports generated an uptick in home loan inquiries in one study and other industries have found advanced score use pays off.
August 16
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The credit-reporting agency was fined $650,000 for sending customers marketing emails without an option to unsubscribe. Financial institutions are subject to the same law, called the CAN-SPAM Act.
August 15
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The new entity from Roc360 will be an outlet for loans produced by the company and its two recently acquired businesses, Civic Financial and Finance of America Commercial.
August 15
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HUD has rolled out its 90-day foreclosure moratorium and the government-sponsored enterprises are providing up to a year of forbearance with fees or penalties.
August 15
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Loans to buy newly constructed properties increased by 0.2% from June and was up 35.5% compared to the year prior, the Mortgage Bankers Association found.
August 15
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The verdict ends a decade-long lawsuit over the Federal Housing Finance Agency's amendment to a stock repurchase agreement in 2012.
August 15
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All six companies reported a shift on a quarter-to-quarter basis, and most were still off from a year ago.
August 15
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The Consumer Financial Protection Bureau plans to propose rules to require that data brokers comply with the Fair Credit Reporting Act to limit data from being sold for any reason other than what Congress has specified as having a "permissible purpose," such as credit underwriting.
August 15
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Industry executives coming off a tough year are wondering what the transition will cost and how many borrowers it'll bring in.
August 15
