Housing Wire

APRIL 9, 2024

Modern-day redlining persists, and it’s costing lenders millions in legal fees. 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.

Modernization 436

Modernization Lending Legal Legal Fees 436

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. Thad Wong, co-CEO of @properties – Chicago’s no.

Brokerage 295

Brokerage Real Estate Agents Clients 295

Housing Wire

OCTOBER 20, 2023

Sharing your success lends to your credibility as an agent. Who knows, this might help someone kick start styling their own home, which could result in them reaching out to you because you share a love for mid-century modern or boho minimalist style. These should be posted in addition to testimonials.

Real Estate 410

Real Estate Agents Real Estate Agent Clients 410

Housing Wire

MARCH 29, 2022

Redlining is a five-alarm word in the lexicon of American racism, but it really has a quite specific definition: The denying of credit in non-white, particularly Black neighborhoods. Senior administration officials claim that rooting out “modern-day redlining” is a top priority. But there was a catch.

Lending 370

Lending Government Law Mortgage 370

Appraisal Today

OCTOBER 14, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). My comments: Definitely a Luxury Home! ==. The fires have definitely been getting worse. Is there room for more improvement? By McKissock.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. ” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

FEBRUARY 7, 2022

Being labeled a redliner can cause lasting reputational damage because of its association with the historic definition of redlining, which federal policy supported for decades. As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Premium product.

Insurance 370

Insurance Modernization Lending Mortgage 370