Demographics

Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market.

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors.

The Hispanic homeownership rate grew for the third straight year in 2017 and the number of homeowners in the demographic group is at an all-time high, despite ongoing concerns about immigration policy and the shortage of homes for sale.

In an interview during his first day on the job, Anthony Noto also spoke about improving the firm's culture and the prospects for an IPO.

Quicken Loans, Citizens Bank and Better Mortgage are refinancing loans using Airbnb income as part of a pilot project with Fannie Mae.

From insights about borrower payment preferences to new automation assisting with natural disaster recovery efforts, here's a roundup of news coming out of the Mortgage Bankers Association Servicing Conference.

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

Millennials who want affordable home prices in an urban market may want to check out the Gem City.

The average credit score of loans made to members of the millennial generation were a little lower than they were a year ago, according to Ellie Mae.

The St. Louis region appears to be preparing for the wave of elderly baby boomers with a boom in construction of assisted living and senior care facilities.

Men listed as the primary borrower on a mortgage on average get approved for larger-balance loans than women, Ellie Mae finds in its latest Millennial Tracker survey.

Owensboro's continued place on a list of U.S. cities attracting millennial home buyers is once again attracting media attention.

Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.

Potential first-time home buyers can save money for a down payment if they are able to use a special account just for that purpose.

Recent research into customer preferences regarding home equity lending reveals that banks need to better engage with their customers to understand their needs and expectations, and then guide them to optimized HELOC product offerings that precisely meet their needs.

As the economy improves and millennials move around the country in search of jobs, some are finding themselves far from the youth culture they learned to expect from city life in other parts of the country.

Rather than pull up stakes and leave two low-income Mississippi towns at the mercy of payday lenders, Regions Bank donated the branches to a local credit union and kicked in another $500,000 for operating costs.

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives.

Mid America Mortgage will sponsor the Richard Petty Motorsports No. 43 NASCAR team to promote the speed of Click n' Close, its new digital mortgage rival to Quicken Loans' Rocket Mortgage.

Millennials took advantage of lower interest rates in September to refinance their mortgages, according to Ellie Mae.