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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

Presented by: First American Docutech. Full e-Closings reduce the use of paper, legal fees, mailing and courier costs. ” When a closing is completed, the eNote is tamper-sealed and registered with the MERS eRegistry system.

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