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Another lender settles redlining accusations with DOJ

Housing Wire

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. The largest settlement recorded , at $25 million, was with New Jersey-based Hudson City Savings Bank in 2015.).

Law 401
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State Appraisal Boards – What Do They Look For?

Appraisal Today

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. 2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Here’s how to get referrals for your appraisal business.

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

Some of the tips you’ll find include marketing for available rental spaces, increasing curb appeal, and updating the apartment building and rental space for lease to include modern features and amenities sought by today’s renters. But he didn’t always wear all of these hats. Authors: Brandon Turner, Heather Turner.

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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. Who watches the watchmen?

Lending 366
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The Intel About Intel’s Columbus, OH Region Move (and Why Your Business Can Flourish Here, Too)

The Robert Weiler Company

But the reality is that Ohio and the Greater Columbus area have long been a mainstay of technological innovation and, certainly, the precursor to the modern digital age. Some of the largest brands include: Nationwide Insurance. Honda Research & Development Americas. Similar terms include “Silicon Prairie.” Take your pick.

Business 147
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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. The overall total ranks 15 th in the U.S.,

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The fate of HUD

Housing Wire

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality.

Insurance 359