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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Both its servicing and origination segment were in the red in the first three months of the year, with the latter division reporting a net loss of $32.8 million.
May 9
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The firm's reverse mortgage arm combined with the newly acquired American Advisors Group will make the parent company the largest player in that lending space, executives said.
May 9
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Bank turmoil caused a reduction in adjustable-rate and refinancings, but jumbo product availability actually grew in April.
May 9
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Nathan Wallace is a founding principal wealth manager at Savvy Wealth, a digital-first platform for financial advisors that's centered on modernizing human financial advice.
May 9
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The combined companies, which originated three or fewer loans in the state last year, saw minor growth year-over-year, against an overall 41% drop in volume statewide.
May 9
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Bryan Hubbard is a senior consultant at Patomak Global Partners. He is a former deputy comptroller for public affairs at the Office of the Comptroller of the Currency.
May 9
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The incident affecting the information of 1,361 customers is a rare disclosure of a data breach from a top mortgage lender and servicer.
May 9
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Even with lower new insurance written, the six active underwriters remained profitable.
May 9
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Plaintiffs could amend certain allegations related to the bank suspending some payments without permission, but the judge dismissed others outright.
May 8
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However, the 16% decline was far less than the drop in mortgage volume due to the increased share in purchase transactions.
May 8
