What to expect at Digital Mortgage 2020

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It's been said many times over the last few months, but it bears repeating: this is a time like no other — particularly in the mortgage industry.

On the positive side, mortgage origination volume reached an 11-year high in the second quarter thanks to very low rates. The housing market saw its sharpest rise in sales ever in July and applications to build surged by the most in three decades that month.

At the same time, the number of mortgages in serious delinquency surged to 2.24 million in July and FHA loans in delinquency reached a record high, while the 0.5% refinancing fee from Freddie Mac and Fannie Mae, now planned for a Dec. 1 implementation, stands to change the landscape even further if it moves forward after federal elections.

To put it lightly: things are a bit chaotic these days.

In the first virtual conference of its kind on Sept. 14, Digital Mortgage 2020 will host the leaders of many prominent lending and fintech firms, who will come together to hash out what the post-COVID-19 mortgage market will look like.

Here's a peek at some of the biggest issues facing the field today and the planned discussions we'll have around them: