Data modernization enables organizations to extract more value from their data assets, make faster and more informed decisions, and adapt quickly to changing market conditions.
Category: News and Trends
The Value of Data Amidst Election Year Uncertainty–Equifax Workforce Solutions’ Jarod Jones
With election year uncertainty compounded by an already-volatile mortgage market, lenders rely on accurate and reliable data, with access to verified income and employment data serving as one way to help bring greater certainty even amidst these market factors.
Point2: House Renters Prioritizing Space, Pets, Privacy
Point2, Saskatoon, Saskatchewan, conducted a survey of renters of single-family homes, finding that privacy and space are among the top motivators–but the comfort of their furry friends also ranks high.
Oct. 16: Understanding the CFPB’s Non-Bank Registry
Join MBA Education and industry experts for an overview of the Consumer Financial Protection Bureau’s new registry for non-bank covered persons.
Why Legacy Pricing Engines are Holding Lenders Back–Bill Roy from LoanPASS
From AI-powered document classification to digital loan closings, innovation has transformed every aspect of the loan origination process—yet product and pricing engines have largely failed to adapt.
MBA Chart of the Week: Purchase Applications Index
In the wake of stronger economic data, including reports on jobs and inflation, mortgage rates have moved higher, with the 30-year fixed rate rising to 6.36%– the highest since August, based on the most recent data from the MBA’s Weekly Applications Survey.
MBA Education School of Mortgage Servicing (Online), Oct. 15-25
This hands-on instructor-guided online course describes principles and strategies of key servicing functions, reviewing the important correlations and interconnectivity between business units within the servicing organization.
MBA Advocacy Update: MBA, Industry Groups Launch CONVERGENCE Collaborative; Illinois CRA Exam Fees Progress; more
This week’s top legislative and policy news from the Mortgage Bankers Association.
CoreLogic: Mortgage Application Fraud Risk Index Up 8.3% in Q2
CoreLogic, Irvine, Calif., released its latest fraud report, finding that its Mortgage Application Fraud Risk Index increased 8.3% year-over-year in the second quarter and 1.1% from the first quarter.
Enact’s Vinny Souza and Vishal Shyamsunder–Data Modernization: Why Should Lenders Care?
Data modernization enables organizations to extract more value from their data assets, make faster and more informed decisions, and adapt quickly to changing market conditions.