SimpleNexus User Group is an annual gathering of tech-focused mortgage professionals at the picturesque Snowbird Ski Resort. Designed to help lenders create and execute a profitable vision for 2020 and beyond, the conference is a three-day event featuring keynote addresses from thought leaders, specialized workshop training led by industry professionals, and world-class winter activities.
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.