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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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The opportunity cost of modern-day redlining

Housing Wire

Right now, the market is facing a unique alignment of regulatory focus, community need, and opportunity. From 2020 to 2030, the Urban Institute projects 8.5 But the true cost of redlining is still larger, and it’s counted in lost revenue, not legal repercussions. The cost of lost business opportunity is even higher.

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HW+ Member Spotlight: Josh Mettle

Housing Wire

3) Inflation and higher interest rates will likely lead us into the next recession, which contrary to popular belief, can be positive for the housing market due to lower interest rates. HousingWire: What do you think will be the big themes for the housing market in 2022? Josh Mettle: Higher appreciation rates than many are forecasting.

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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.