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Ready or not, CRA modernization is at the door

Housing Wire

Doing so would result in 32% of examined lenders receiving a “Needs to Improve” score, compared to the 16% earning that mark for their retail performance from 2017 to 2019, bank regulators estimated. Banks also would be able to get credit for community development activities, even if that work occurs outside of their branch footprint.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

According to Class, the two companies align on important issues, including culture, service, efficiency and technology development. This collaboration will allow us to accelerate the development of cutting-edge appraisal technology and deliver unmatched value.”

Valuation 410
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Rise above the panic, for the housing market’s sake

Housing Wire

Let’s look at the retail industry, for instance. Back in the 80s, more than half of our retail transactions unfolded inside shopping malls. Research from Glossy and Modern Retail coined the “Great Mall Overhaul ” and made the call for a pivot, the evolution from transactional to experiential. I think so too.

Retail 397
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5 Reasons Why Banking on the Future of Retail Rental Space is a Brainy Choice

The Robert Weiler Company

Just as many today predict an all-digital retail environment, a final death blow to brick-and-mortar retail rental space, so have they expected the long-coveted “paperless office.” A Modern Macy’s Moment. Retails must also adopt curbside purchase and payment options for customers interested in speed and health safety.

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FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Housing Wire

We went through a massive pivot last year, and we are solely focused today on really helping the modern retiree reimagine what their retirement years could look like through the power of their home equity,” Sieffert said. “We It was also the area where we were the most evolved.

Mortgage 418
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United Wholesale Mortgage’s Blink+ tool includes an LOS, POS and CRM all in one package

Housing Wire

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. By not competing with, but advocating for mortgage brokers, UWM is able to stay laser focused on developing the next big thing as we continue to catapult broker channel growth together.”.

Tools 306
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Old National, First Midwest merger approved despite redlining allegations

Housing Wire

million loan subsidy fund, and provide substantial support for community development corporations and community organizations based and working in Indianapolis’ Black neighborhoods. As part of the settlement, Old National agreed to open two branch offices in majority-Black census tracts, pay a $1.1