Promontory MortgagePath, Denver, named Louann Bernstone and Debora Aydelotte managing directors with responsibility for Vendor Management and Client Strategy, respectively.
Category: News and Trends

eClosing Best Practices, Part I: Going for the Quick ‘e’ Wins to Drive Internal Adoption
No one is disputing the operational benefits or the cost savings lenders can achieve with digital closings. What seems to be still up for debate is how feasible it is for lenders to go digital today, with discussion focused on the “all or nothing” proposition.

MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.

MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.

MBA Annual Convention 2019 Begins this Weekend
The real estate finance industry’s largest gathering begins this weekend in Austin, Texas. The Mortgage Bankers Association’s Annual Convention & Expo takes place Oct. 27-30 at the Austin Convention Center.

ATTOM: 3Q U.S. Median Home Prices Up 8%
ATTOM Data Solutions, Irvine, Calif., released its Q3 2019 U.S. Home Sales Report, showing single-family homes and condos sold for a record median price of $270,000 in the third quarter, up 2.9 percent from the previous quarter and up 8.3 percent from a year ago.

Millennials, Gen Z Make More Sacrifices to Become Homeowners
Zillow, Seattle, said younger buyers are more likely to make serious financial tradeoffs to buy a home, such as skipping healthcare services or cutting back on insurance.

eClosing Best Practices, Part I: Going for the Quick ‘e’ Wins to Drive Internal Adoption
No one is disputing the operational benefits or the cost savings lenders can achieve with digital closings. What seems to be still up for debate is how feasible it is for lenders to go digital today, with discussion focused on the “all or nothing” proposition.

September New Home Sales Dip, But Pace Strengthens
HUD and the Census Bureau yesterday reported sales of new single‐family houses in September fell slightly from August but improved strongly from a year ago.

People in the News
Promontory MortgagePath, Denver, named Louann Bernstone and Debora Aydelotte managing directors with responsibility for Vendor Management and Client Strategy, respectively.