CONVERGENCE Columbus has launched a new initiative, Bloom614, a consumer site and effort aimed to support the homebuying journey for Black and minority residents.
Category: News and Trends
Sponsored Content from ACES Quality Management: How QC Drives Profit Preservation
Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
BSI Financial Services’ Allen Price: How Digital-First Subservicers Are Revolutionizing Servicing
While mortgage origination has experienced massive improvements through digital technology, the same has not always been true for the servicing side of the business.
People in the News, Sept. 22, 2023
Freddie Mac CEO Michael DeVito announced he will retire from the post in the first quarter of 2024.
FHFA: GSEs Completed 47,370 Foreclosure Prevention Actions during Second Quarter
Fannie Mae and Freddie Mac completed 47,370 foreclosure prevention actions during the second quarter, raising the total number of homeowners helped to 6.8 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.
Existing Home Sales Decrease in August
Existing home sales moved lower in August, the National Association of Realtors reported.
ATTOM: Home Flipping Drops in Q2
ATTOM, Irvine, Calif., found home flipping activity fell in the second quarter.
Snapdocs Survey: eClosing Tech Investment Outpaces Adoption
Digital closing provider Snapdocs, San Francisco, conducted a survey on lenders’ use of eClosing technology. It found that 74% of lenders have invested in the tech, but only 28% of those offering such services have achieved an adoption rate over 60%.
MortgageRight and Advantage Systems: Real World Applications for Real-Time Data, A Branch Manager’s Perspective
The challenge for many lenders today is actually one of “data overload” as they work to convert “available” data into “actionable” data.
CONVERGENCE Columbus Launches New Initiative: Bloom614
CONVERGENCE Columbus has launched a new initiative, Bloom614, a consumer site and effort aimed to support the homebuying journey for Black and minority residents.