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Financial firms tell Congress why they need AI

National Mortgage
Mortgage Finance
2 years ago

Witnesses from companies across financial services and housing, including a credit union and a core services provider, attested to the,.. Read More;

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Pennymac posts steady profits, adds brokers in 2Q

National Mortgage
Mortgage Finance
2 years ago

Pennymac Financial Services reported gains across the board in the second quarter, and claims it's now working with about a,.. Read More;

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Fannie Mae ups forecast to two Fed rate cuts this year

National Mortgage
Mortgage Finance
2 years ago

Fannie Mae again revised its outlook when it comes to policy moves at the Federal Open Market Committee, rejoining those,.. Read More;

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A case of cold feet: why buyers are canceling purchase agreements

National Mortgage
Mortgage Finance
2 years ago

Home buyer hesitancy is growing, as the rate of purchase contract cancellations reached record levels during June, a Redfin survey,.. Read More;

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Homebuilder stocks stage a wild rally amid Fed cut hopes

National Mortgage
Mortgage Finance
2 years ago

A torrid rally in homebuilder stocks that's put the group on track for its best month this year shows few,.. Read More;

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Existing-home sales drop to one of slowest paces since 2010

National Mortgage
Mortgage Finance
2 years ago

Existing-home sales in the U.S. slumped to one of the slowest paces since 2010 in June, as sellers wait for,.. Read More;

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Section 8 single-family rentals: An overlooked investor asset class

National Mortgage
Mortgage Finance
2 years ago

One of the most heart-wrenching problems in America today is the lack of affordable housing. According to an analysis of,.. Read More;

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Can tech and cybersecurity audits deliver savings to lenders?

National Mortgage
Mortgage Finance
2 years ago

A proper technology audit could save mortgage lenders much-needed cash during the housing market's doldrums.Matt VanFossen, CEO of Absolute Home,.. Read More;

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20 states where mortgage delinquency is increasing the most

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. Some mortgage delinquency is inevitable, but when,.. Read More;

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Dueling economic visions come into focus in 2024 campaign

National Mortgage
Mortgage Finance
2 years ago

Vice President Kamala Harris, left, and Sen. J.D. Vance, R-Ohio. Harris, who is the leading contender for the Democratic nomination,.. Read More;

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Dominic Iannitti, founder of DocMagic, dead at 60

National Mortgage
Mortgage Finance
2 years ago

Dominic "Don" Iannitti, founder and CEO of DocMagic and a long-time mortgage technology executive, died on July 18 of complications,.. Read More;

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There's fraud risk in almost half of real estate transactions

National Mortgage
Mortgage Finance
2 years ago

Close to half of all mortgage-related transactions showed some sign of potential fraud risk in the second quarter, with a,.. Read More;

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