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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Silicon Valley Bank's failure in early March kicked off a period of turmoil unlike anything the U.S. banking industry has been through since 2008 and 2009. Here's a look back at the key events.
May 14
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Following sales to Mr. Cooper and The Loan Store, the wholesale giant reported originations of $891.2 million between January and March.
May 12
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Although issuance of new securitizations has been low compared to year-ago levels, it rebounded as spring buying began
May 12
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The latest forecast calls for $375 billion of lending on properties with five or more units, with total commercial originations of $654 billion.
May 12
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John Cottongim is the co-founder and CTO of
Roots Automation , creator of advanced, intelligent Digital Coworkers for the insurance industry. Before Roots Automation, Cottongim led the Enterprise Automation Hub of Mars, Inc. and had a 15-plus year career in large-scale global transformation programs. He has also helped two Fortune 500 companies build cognitive automation programs and scaled out the companies' process automation capabilities.May 12
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The company projects home buying costs could rise by a quarter in the next four months in the unlikely scenario.
May 12
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The tools are there to create a faster loan process, but fear of noncompliance and reliance on old habits still prevail, industry technology leaders said at the Fintech Nexus USA conference this week.
May 12
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The Consumer Financial Protection Bureau alerted staff this week that text messages had been sent to employee personal phone numbers claiming to be from Director Rohit Chopra.
May 12
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Only one company, Doma, reported improved results from the year before, but it still took a large loss for the period.
May 12
