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The housing market is still thriving but the refinance market is slowing
Further easing is expected but banks warn of a deterioration in loan performance
US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research
Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end
The world is fast progressing within the technology domain and digital services have penetrated to the unexplored corners of life
Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Errors and attempted fraud connected to mortgage applications fell by 3% in January and is down by more than a quarter year-on-year
A shortage in housing supply is continuing to bolster competition among homebuyers across the country
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Webinar — Leveraging Open Banking Trends to Transform Your Institution

Time/Date: October 5th, 2:00 CT

The concept of open banking is ushering in exciting new possibilities for financial institutions of all sizes, transforming how they do business and driving new revenue opportunities. Join Shane Ferrell, Vice President of Product Strategy and Director of Software Engineering Barkley Hughes as they answer these questions and more: 

• What is open banking, and how does a financial institution take full advantage of this rapidly growing technology?

• What are key areas to look for when considering leveraging a third-party technology or an open banking marketplace?

• What role does FDX play in the future of open banking?

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