Remove Insurance Remove Loan Officers Remove Modernization Remove Presentation
article thumbnail

Another lender settles redlining accusations with DOJ

Housing Wire

The DOJ said that all of Lakeland’s branches were located in majority-white neighborhoods and that its loan officers did not serve the credit needs of Black and Hispanic neighborhoods in and around Newark. Presented by: FormFree. Attorney General Merrick Garland said in a statement.

Law 371
article thumbnail

Housing industry continues to shed employees in economic downturn

Housing Wire

Modernizing origination to stay competitive in today’s housing market. This white paper will examine the growing importance of modernization in the mortgage lending industry. Presented by: ServiceLink. My time with PenFed has come to an end,” a loan officer posted on LinkedIn.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The fate of HUD

Housing Wire

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. John Meussner, the loan originator who priced the loan, said the fees amounted to “gouging.”.

Insurance 332
article thumbnail

Here’s what lenders should look for in a title provider

Housing Wire

We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services. The best providers combine improving their clients’ processes with modernizing the consumer experience. These time-savings are critical in today’s lending environment.

Clients 325
article thumbnail

Inside the government’s feeble fight to end redlining

Housing Wire

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. Senior administration officials claim that rooting out “modern-day redlining” is a top priority.

Lending 350
article thumbnail

Appraisal Risk, Reviews, and Revisions

Appraisal Today

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Many residents don’t have flood insurance.

article thumbnail

Appraisers and Local Market Analysis

Appraisal Today

It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. Some E&O Insurance companies offer free tail coverage with certain criteria, For example: Must be appraising for at least 20 years.