Jeff Taylor appeared on Fox Business Live with host Maria Bartiromo, weighing in on May’s weak NAHB Homebuilders Index. Jeff explained that while Millennials are not entering the market, as expected, Home Equity Loans have been booming over the last 24 months and will sustain this growth in the coming months.
For years, lenders have been saying that the millenial generation could be the one to bring the housing industry out of its slump – will 2015 be the year?
Jeff Taylor appeared on After the Bell with host Liz Claman and predicted that even though homeownership rates are now the lowest since 1989, they will get worse before they get better. Jeff also discusses the future of PIMCO with Ben Bernanke coming on board.
Increasing the Mortgage Inventory: How to Entice Millennials
National Mortgage News
May 27, 2015
From National Mortgage News
There has been a considerable amount of interest lately in the millennial influence on housing inventory as first-time homebuyers. Thus far in 2015, the millennial home purchasing activity has been much lower than predicted. This webinar will discuss what changes are and need to occur in the industry to entice millennials to purchase houses, thus having an effect on the mortgage lifecycle. Such topics shall include:
- Starting from the dirt: are homes being built to encompass millennial preferences from the foundation to the location
- How lenders are modifying or introducing their mortgage loan products
- The mortgage application process and appealing to this demographic
- Changes to underwriting and credit standards
- Protections to homebuyers through revised mortgage insurance products
- Use of technology and self-servicing in the mortgage application process to enhance millennials’ home buying experience
- Education and awareness of mortgage opportunities: application, credit, compliance, cost savings of buying
Avoiding RESPA kickback violations in the social media age
By Debbie Hoffman
April 1, 2015
The CFPB is currently paying close attention to the individuals/small players, as well as the larger institutional mortgage companies. With respect to the small players, the CFPB is looking at the loan officer, real estate agent and developer.
What is your firm doing to steer clear of violations?
Jeff Taylor appeared on After the Bell with host Liz Claman and discussed the strong U.S. dollar’s impact on company earnings. Could the home-building sector take a hit from the strong US dollar even though home-builders have launched aggressive programs aiming to attract foreign nationals to buy homes in the U.S?
Did housing starts nosedive because of a labor shortage?
March 18, 2015
Housing analysts are still trying to figure out why housing starts nose-dived in February.
Privately owned housing starts in February plummeted 17%, down to an annualized 897,000 from the revised January estimate of 1,081,000, with drops in the Northeast, Midwest and West leading the collapse.
Digital Risk was named to HousingWire magazine’s 2015 HW TECH100™ list! The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.
This is a huge win for us all as more than 250 companies were evaluated for this year’s program, which looks at technology innovation along six different categories: uniqueness of solution, growth, market influence, market potential, elegance of implementation, and “something else entirely” – a catch-all for disruption and other factors that drive innovation.
The Morning Risk Report: Mortgage Lenders on Notice for Social Media Marketing
Wall Street Journal
March 11, 2015
Chief Legal Officer, Debbie Hoffman talks about the enforcement focus on mortgage lenders and how they utilize social media.Click below to read the full article.
Technology Needs in a Post-TRID Environment
Mortgage Compliance Magazine
March 4, 2015
By Eric Rawlings
After almost 40 years, the mortgage industry is going to undergo a significant change that will affect lenders, brokers, settlement agents, and all involved in closings. The mortgage industry is about five months away from the Consumer Financial Protection Bureau’s (CFPB or Bureau) August 1, 2015 deadline for the integrated disclosure requirements (TRID), which encompass the disclosures under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA). Until then, or even after, many lenders will be scrambling to find technology solutions for this game-changing regulation.
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- Jeff Taylor Predicts Significant Growth for Home Equity Loans in Coming 24 MonthsMay 14, 2015 - 1:13 pm
- Will Millenials Rise in 2015? By Debbie HoffmanMay 6, 2015 - 3:32 pm
- Jeff Taylor advises on investment plays surrounding dropping homeownership rate and PIMCOApril 30, 2015 - 2:33 pm
- Digital Risk CEO, to be a panelist on National Mortgage News WebinarApril 23, 2015 - 11:51 am