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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The government-sponsored enterprise only tweaked the two-year mortgage origination forecast, with a $6 billion reduction for 2023, but an increase of $7 billion for 2024.
May 19
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At least $83 million worth of loans were insured by the FHA without lenders following the necessary protocols, the department's inspector general claims.
May 19
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Yolanda D. McGill joined Zest AI in 2023 as its Vice President, Policy and Government Affairs, bringing her extensive experience at the intersection of advocacy, research, government, and the private sector to achieve common policy goals. Immediately prior to joining Zest AI, Yolanda was leading the regulatory initiatives on credit cards, payday and small dollar lending, marketplace lending, and UDAAP as a supervising attorney in the Consumer Financial Protection Bureau's Office of Regulations.
May 19
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The regulator, which is seeking to halt the combination, said arguments involving constitutionality of its proceedings are "impertinent" and "immaterial."
May 18
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Widespread efforts to save money couldn't entirely counteract the impact of continually rising commissions, compensation and other costs.
May 18
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Jobs numbers, inflation data and the continued debate over raising the debt ceiling are factors applying upward pressure.
May 18
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David Dickson is vice president of
Sage AI and a Sage Technical Fellow, leading artificial intelligence teams across product delivery, research and machine learning operations. As the technical leader of the AI division since its inception, he grew Sage AI from an initial idea to a world-class team of AI practitioners. Prior to being acquired by Sage, he led engineering and data science for Compass, an analytics startup based in San Francisco. He holds a software engineering and psychology degree from the University of Melbourne, graduating with honors.May 18
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Removing the debt-to-income ratio factor in loan-level price adjustments addressed some criticism, but officials want more information about credit score-based changes.
May 18
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Contract closings decreased 3.4% last month to an annualized pace of 4.28 million, according to data released Thursday by the National Association of Realtors.
May 18
