Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
Lenders need to look at both data and algorithms to avoid inadvertent redlining complaints, not just in decision making but customer contact too.
The agreement, the lender and servicer's only such facility, is set to expire at the end of next September.
The average starter home was sold for more than $206,000 in August, yet sales increased by nearly 4% from last year, according to a Redfin report.
In a complaint filed in Virginia federal court, the FTC said the partnership would reduce the number of websites offering apartment listings, leaving consumers with fewer places to search.
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A decline in a branch manager's volume led to allegations he shared customer data with his wife, who joined rival American Pacific Mortgage.
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The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.
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Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.
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A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automated underwriting methods.
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The lender and servicer, which posted stronger originations, suggested more efficient production with improvements including renegotiated vendor contracts.
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Both originations and servicing segments contributed to the second-quarter's positive numbers, with production up by over 14% year over year.
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Though probably not endangered this year, low-income housing tax credits have been suggested for elimination often enough to alarm those who work with this important financing source for multifamily construction.
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Long term care project owners are very aware of the advantages of HUD-insured financing. However, HUD's program policies continue to challenge some providers who own and/or operate multiple facilities.
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Consider whether or not there are simpler alternatives to addressing the concerns behind a contemplated name change, because a retail mortgage lender re-branding requires commitment to an intensive, detailed strategy.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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