MISMO Fall Summit
The MISMO Fall Summit is just around the corner. This year’s summit will be held in Reston, VA from August 26th to 29th and Falcon Capital Advisors is proud to be a Gold Sponsor. For those planning to attend, we invite you to the evening reception Falcon is sponsoring on Monday, August 26th, at 5pm. Our MISMO- certified consultants will be onsite throughout the four-day conference, available to discuss your MISMO and digital mortgage needs.
Please reach out to Tim Renner at [email protected] to schedule a time to connect, or simply find us at the Monday reception. We would love to meet you face-to-face and explore how we can support your digital mortgage initiatives.
Industry News
Private Label eNote Securitization by Rocket
The RCKT Mortgage Trust 2024-INV1 deal, featuring 27.9% electronic promissory notes, marks a significant step toward broader
eNote adoption in private-label RMBS, driven by Rocket’s influential role. This move reflects growing market acceptance, supported by legal validations and infrastructure advances, and could lead to more eNote heavy securitizations.
KeyBank Enhances Digital Home Lending with Automated Verification
KeyBank has introduced a digital enhancement to automate the verification of borrowers’ income, assets, and employment, simplifying the loan process and enabling faster closing times.
Mr. Cooper acquires Flagstar MSRs and TPO platform
Mr. Cooper Group is set to acquire a third-party origination platform and $356 billion in mortgage servicing rights from Flagstar Bank for $1.4 billion, adding 1.3 million customers.
Industry Commentary and Education
Transforming Mortgage Staffing with Technology-Driven Efficiency
The mortgage origination industry has traditionally adjusted staffing based on volume, but new technology allows for a more efficient approach. By thoughtfully implementing automation and simplifying processes, lenders can reduce the need for cyclical hiring and layoffs, making operations more scalable and adaptable.
Industry Conferences and Webinars
MISMO Fall Summit | August 26-29, 2024
MBA Compliance and Risk Management Conference | September 22-24, 2024
MBA Annual Convention | October 27-30, 2024
Please contact us if you have an event you would like to be included here.
