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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As lenders weather lean loan volumes, visionaries are preparing for the next boom with blockchain, AI-driven compliance capabilities and more.
September 13
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A continued slowdown in refinances, though, drove overall loan-application volumes lower last week, even as the Government Index posted a small gain, according to the Mortgage Bankers Association.
September 13
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A joint letter from the banking and financial trade groups is the latest effort by the industry and its representatives in Washington to push back against the Basel III capital proposals, which would raise capital significantly for the largest banks.
September 13
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Any comprehensive overhaul of the Federal Home Loan Bank System will have to navigate a dense thicket of countervailing regulatory and stakeholder priorities.
September 13
Devon Bank -
David Loundy is chairman and CEO of Devon Bank, a Chicago-based community bank with a national mortgage business. He is also an elected member director of the Federal Home Loan Bank of Chicago. He can be reached at David@DevonBank.com.
September 13
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But a great deal of variation in distress levels were reported between individual markets and property sectors, according to two new reports.
September 12
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Spreads with the 10-year Treasury are unlikely to narrow from outsized levels even as inflation cools and Fed tightening ends, said Odeta Kushi, an FA economist.
September 12
