Housing Wire
APRIL 9, 2024
The true cost of redlining Lenders need to carefully evaluate their lending strategies to ensure that they are not unintentionally practicing redlining by neglecting MMCT and LMI neighborhoods, or they may face millions in penalties. The future of the mortgage industry is increasingly diverse. More recently, Patriot Bank paid $1.9
Housing Wire
AUGUST 3, 2021
Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. The study also found that solar accounted for 43% of all new electricity-generating capacity added in the nation last year and predicted that the solar market will quadruple by 2030.
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Housing Wire
OCTOBER 2, 2023
Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. And recent transactions show that there’s an appetite among investors for debt in the mortgage space.
Housing Wire
DECEMBER 6, 2022
By 2030, this growing sector will represent an estimated 56% of all new homeowners. Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process. Across the U.S.,
Housing Wire
DECEMBER 10, 2021
With over 20 years of mortgage experience, Mettle has dedicated his career to the mortgage industry. Prior to NEO Home Loans, Mettle served as senior vice president, director of physician lending at Fairway Independent Mortgage Corporation. Josh Mettle: It’s a tie between Mortgage Coach TCA and BNTouch CRM.
Housing Wire
JULY 1, 2021
Nationwide, Redfin reported that 16% of Black Americans who apply for mortgages are rejected, compared with 7% of white Americans. The CFPB found that lenders engaged in deceptive business practices, including violations of the Truth in Lending Act and the Equal Credit Opportunity Act, and provided inaccurate data on mortgage loans.
McKissock
JUNE 29, 2021
For example, California’s goal is to be 33% renewable by 2020, 60% by 2030, and 100% by 2045. If the appraisal is completed for mortgage lending purposes, lenders are responsible for informing you of the accurate ownership structure of the solar panels. Across the U.S., 38 states plus Washington D.C.
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