Bilingual Scout, a Dallas-based Internet marketing firm, has developed Micasaprestamos.com to guide Spanish-speaking U.S. residents interested in becoming homeowners to find Spanish-speaking mortgage lenders nationwide.The "one-stop" homebuying resource will serve both new Hispanic immigrants and third-generation Hispanic-Americans to whom buying their first home "can be difficult, time consuming, and cumbersome," the company said. The website provides state-based lists of mortgage professionals, data, and information about the mortgage transaction, downpayment assistance, and credit counseling resources, as well as home prices and availability. Besides bringing in leads to member brokers and lenders, Micasaprestamos.com (which is available in both Spanish and English) offers information on mortgage-related job opportunities as well as access to companies that have pledged special programs and assistance to help Hispanic borrowers.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
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The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
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