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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. More recently, Patriot Bank paid $1.9

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Two Southern banks complete mortgage eNote transfer

Housing Wire

Full e-Closings reduce the use of paper, legal fees, mailing and courier costs. Truliant announced in 2019 it would be the first North Carolina Credit Union to offer complete eClosing services on mortgages, and the second North Carolina-based financial institution to use it.

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