Special Program Root Tag

A former director of digital turned enterprise consultant offers a perspective on how things could have gone differently for the lender that recently exited the forward-mortgage business.

Just because regulators have not initiated any enforcement actions since 2014 doesn't mean they aren't watching.

Regulators are raising alarm over the design applications that can manipulate consumers into buying products or services or compromise their personal information.

However, of those that would choose face-to-face interaction, 40% want it to include a hybrid or fully digital process.

Ongoing weakness in housing markets and the economy has now driven purchase activity to its lowest level since 2015, while overall application numbers decreased for the 10th time in 11 weeks.

Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.

In the first two quarters of the year, the channel's lenders lost an average of 35 basis points for each origination.

"The main threat we see is coming from the CFPB, where the single director can act as judge, jury, and executioner, all in one," said Bob Broeksmit, president of the Mortgage Bankers Association

Fannie Mae announced a pilot rollout of a new special-purpose credit program, while Freddie Mac said it is expediting review of similar new programs from lenders during the Mortgage Bankers Association conference this week.

The day after the FOMC announces its policy decision, Christian Scherrmann, U.S. Economist at DWS Group, will offer his take on the meeting, Fed Chair Powell's press conference and what comes next.

 Lenders can utilize blockchain technology to originate fully digital, tokenized mortgage assets on the chain. How does it work, and how can mortgage companies benefit from integrating with this technology?

The regulator believes this transparency into the Uniform Appraisal Dataset records will help combat valuation bias.

However, Julia Gordon is now on the record saying that the agency is actively analyzing whether or not to do so, and it's considering the potential magnitude and composition of a reduction.

The agency expects one in five borrowers to be eligible for the new pricing benefits.

The government agency, an arm of the Department of Housing and Urban Development, plans to implement the change by no later than the first quarter of 2023.