The adoption of electronic mortgages is being limited by the small number of investors who will buy e-mortgages in the secondary market, but all that may change next year, according to speakers at the Mortgage EC Conference in Las Vegas.Tim Anderson, executive vice president of Dexma, said people will realize the intrinsic benefits of transacting electronically. He predicted that investors might even start offering incentives. "In 2006, I predict an investor will actually offer 1/8th of a point if the mortgage is electronic," Mr. Anderson concluded. Minneapolis-based Dexma can be found on the Web at http://www.dexma.com.
-
Balance sheet reduction is a top priority of new Fed Chair Kevin Warsh. Achieving that goal means avoiding the kinds of disruptions that roiled the Treasury bond market in 2019, the last time the central bank embarked on quantitative tightening.
3h ago -
The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.
June 12 -
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
June 12










