The American Bank of Oklahoma has recently reached a settlement with the Department of Justice after allegations of discriminatory redlining practices in the majority Black and Hispanic populated areas of Tulsa. Discover which areas of the city were affected and what steps the bank is taking to restore investment in these underserved communities.
This meta description provides a concise overview of the recent effect on Non-bank originator Change Lending of losing its CDFI certification, and its parent company The Change Company being sued for mischaracterizing loans. Gain insight into regulatory implications for private lenders without banks involved.
Discover the truth behind how recent higher mortgage rates have impacted new listings data. Uncover the surprising movements and impacts on new listings last week when the Fed spoke at Jackson Hole. Learn the effect purchase applications had and their possible connection to a decline in new data. Stay informed for the latest data and impact of higher mortgage rates.
An experienced mortgage professional offers insights on Federal Housing Market insights. Fed Chair Jerome Powell reports a rise in the housing market and continued caution regarding future rate decisions. Get the inside scoop and gain actionable insight to make the best decisions.
"Homebuyers across the country have seen their purchasing power dwindling due to rising mortgage rates. New data from Redfin illustrates the scale of the impact this is having. Explore this insight and understand the implications for private lenders."
Rapattoni MLS Software Security Breach Overcome: Software Back Online for Private Lenders. After a crippling cyber attack earlier this month, Rapattoni, the multiple listings service software provider is back operational in multiple markets. Get the details on the security breach & how privacy & safety of private lender data is ensured.
This meta description offers an overview of the recent deal between Better and $565 million of fresh capital, which provides a unique opportunity for private lenders. Discover how this agreement is set to benefit those in the mortgage industry and unlock valuable funds.
For mortgage industry news, this meta description will bring private lenders the latest information: Positive mortgage trends are on the rise! Black Knight reports a decline in delinquency and foreclosure rates, indicating strong performance in the mortgage industry. Get up-to-date data on mortgage performance from an industry expert.
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"Mortgage rates continue to be influenced by the U.S. bond yields, which have hit their highest level since 2008. Analysts remain confident that the current turbulence in the market will not cause a debt crisis. Private lenders need to stay informed of the latest news and current trends in the industry in order to make educated decisions about mortgage rate investments."
