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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"I think it's going to get worse for banks — more regulations, more rules and more requirements,'' JPMorgan Chase CEO Jamie Dimon said in a Bloomberg Television interview from Paris on Thursday.
May 11
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Volume climbed up to $13.3 billion from $8 billion in February, per Polygon Research's report.
May 11
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Home price overvaluations over 10% are easing in some markets, analysts say, but RMBS investors are still cautiously tightening liquidity amid uncertainty.
May 10
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Lenders used the firm's software in nearly a quarter of originations in the second half of last year, up from 14% over the same period in 2021.
May 10
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Srinivas Nippani, Ph.D., is professor of finance and regents professor at East Texas A&M-Commerce.
May 10
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The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.
May 10
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James McAndrews is an economic consultant. He was the director of research at the Federal Reserve Bank of New York between 2010 and 2016.
May 10
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On a non-GAAP basis, the company reported better results on a year-over-year basis, Chairman, President and CEO Mat Ishbia said.
May 10
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Gov. Jay Inslee has signed a law that will offer loans to minority borrowers to help cover down payments and closing costs. Supporters say it will benefit groups that were victimized by racially restrictive real estate covenants.
May 10
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Refinance applications surged by almost 10%, the highest level of activity since September, with federally backed activity jumping by almost 24%.
May 10
