Digital mortgages

Leaders from Mr. Cooper, Better, Fannie Mae, Freddie Mac, the FHFA and more gathered at the National Mortgage News Digital Mortgage Conference to discuss key strategies for the lower rate environment most expect is ahead.

Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.

The assumption process is highly manual and time consuming and the change from Dark Matter enables lenders to pull data from MSP back into the Empower system.

Fannie Mae called out AI's potential to end defects as Freddie Mac sought to spur current loan-quality tool use by quantifying benefits at an industry meeting.

The announcement, made at the Mortgage Bankers Association's Secondary and Capital Markets Conference, underscores Ginnie Mae's role at the forefront of digitization efforts in the capital markets space.

Better's home equity loan product can be originated in a week or less, the company says.

The move follows Freddie Mac's expanded use of bank account data and brings to full fruition an effort both enterprises have been engaged in since 2017.

The new interface for Intercontinental Exchange's recently acquired and widely used Mortgage Servicing Package system aims to offer a more intuitive workflow.

Anne Marie Pippin, associate director in the Federal Housing Finance Agency's Office of Financial Technology, weighs the forces shaping the industry's future.

Katherine Campbell, the founder of Leopard Job and former chief marketing officer at AnnieMac, foresees that many back-end jobs will cease to exist as new technologies take over.