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.
Guild Mortgage, a retail lender, has acquired First Centennial Mortgage, a privately-held lender with 15 branches in 17 states. Guild's purchase will expand their presence in local markets, allowing for further growth in the purchase mortgage space. This acquisition benefits consumers with a larger selection of lenders in their local market and the ability todetermine the best option for their purchase mortgages.
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.
"Discover why 29 current and former leaders of the National Association of Realtors were reporting sexual harassment and a toxic culture of fear. Learn more from the New York Times investigative report involving private lender interviews."
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.
National lenders report July purchase applications saw median payment up $318 year-on-year: MBA. Education on strategies & trends in private lending to make informed decisions - get the inside scoop here.
recently called for greater oversight of private lenders to protect consumers. This news summary explains the potential implications and risks associated with the potential merger for private lenders.
This summer's housing market brought good news – a 4.4% rise in new home sales. Prices remain affordable, with a year-over-year decrease reported in all four past months. It's the perfect time for private lenders to consider investing in the housing market's resurgence.
Discover the impact that Shirley Gary and her team are making in the Atlanta real estate market: 25 agents join Christie's International Real Estate from Engel & Völkers franchise, providing an unrivaled level of expertise & knowledge for property buyers and sellers in Atlanta & north Georgia.
