Discover the DOJ's allegations against Patriot Bank, accused of avoiding mortgage services in Tennessee's majority-Black and Hispanic neighborhoods. Patriot denies redlining allegations. Stay informed.
Learn about Ameris Bank's Borrower Assistance Program in Jacksonville, following their $9 million settlement last October to resolve redlining allegations. Private lenders may find this program interesting.
"The Corporate Transparency Act (CTA) brings financial transparency and anti-money laundering measures, impacting privately held entities in the US and globally."
As an industry expert, I provide a clinical summary for executives of Dark Matter Technologies. Discover how automation & cost cutting in Empower LOS, along with AI's role in the origination process, can benefit private lenders.
Discover why renting is more affordable than homeownership in nearly 90% of local markets. Explore the insights from a recent study on Weekly Real Estate News.
"As GSEs increase their purchase of Mortgage-Backed Securities (MBS), private lenders might find potential opportunities. The Federal Reserve's potential end to Quantitative Tightening (QT) could offer a potential solution, albeit with uncertain outcomes." (155 characters)
As a mortgage industry expert, I provide non-salesy summaries on industry news. Discover how private lenders can thrive in a tough economic climate and achieve significant gains. Expert advice and insights for success in the upcoming recession.
Improve Your Mortgage Industry Knowledge: Homebuilder sentiment rises for second month in a row, reaching 44 in January. Info for private lenders.
Katie Sweeney, Chairman and CEO of AIME, to lead Broker Action Coalition, AIME's lobbying arm. No replacement CEO announced yet. Insights for private lenders
Anchor Loans has introduced a TPO channel, catering to mortgage brokers, banks, and private/non-QM lenders, offering valuable solutions for private lending needs.
