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Black Americans still face massive housing barriers

Housing Wire

iEmergent has outlined a new paradigm for how lenders can increase homeownership—especially to under-served and minority households—that is driven by opportunity and forward-looking, market-based opportunity data. In the lender’s direct marketing and open house materials, the models were white. Presented by: iEmergent. .”

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Underwriter shortage slowing the pace of private-label deals

Housing Wire

One group of industry players — loan underwriters — are the chief cause of the logjam. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. The private label market share of U.S. RMBS market. Securities and Exchange Commission.