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How credit unions are improving outreach to minority communities

National Mortgage
Mortgage Finance
3 years ago

Jessica Encarnacion's credit score was in the mid-500s when she left her husband about five years ago, taking her son,.. Read More;

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Mortgage loan defect rate improves in 2Q

National Mortgage
Mortgage Finance
3 years ago

While mortgage applications submitted during the first quarter had fewer critical defects compared with the prior quarter and year, issues,.. Read More;

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Mortgage tech newcomers break down old walls

National Mortgage
Mortgage Finance
3 years ago

Younger mortgage tech software developers reveal new efficiencies they're creating for lenders.,.. Read More;

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Mortgage locks at lowest point in almost 3 years

National Mortgage
Mortgage Finance
3 years ago

August's mortgage production activity was the lowest since the end of 2019, as rate lock activity dropped nearly 9% from,.. Read More;

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Office values may see large slump but avoid sudden deterioration: MBA report

National Mortgage
Mortgage Finance
3 years ago

U.S. office values may fall 10% to 20% in the coming years in the likely case that the corporate world,.. Read More;

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Ocwen warns of difficulty meeting new Ginnie Mae capital requirement

National Mortgage
Mortgage Finance
3 years ago

Ocwen Financial has issued a statement indicating that it foresees trouble meeting Ginnie Mae's new risk-based capital requirement by the,.. Read More;

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Q&A: Sen. Mark Warner wants 'guardrails' to support CDFIs

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Sen. Mark Warner, D-Va., has big plans for the future of community development banking, but he also has,.. Read More;

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Black-led lender Legacy Home Loans is latest to introduce a SPCP

National Mortgage
Mortgage Finance
3 years ago

Following the recent introduction by Bank of America of a new special purpose credit program aimed at increasing minority homeownership,,.. Read More;

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Housing slowdown puts damper on rent-backed bonds

National Mortgage
Mortgage Finance
3 years ago

Sales of bonds backed by debt associated with single-family rental housing has soared over the last two years, as rents,.. Read More;

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Bank exams plummet with 'remote' supervision as small banks struggled: GAO

National Mortgage
Mortgage Finance
3 years ago

Some small banks and credit unions are still operating in the technological Dark Ages, unable to upload files during the,.. Read More;

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Fed, FDIC, OCC commit to implementing Basel III endgame 'as soon as possible'

National Mortgage
Mortgage Finance
3 years ago

Top bank regulators promised to propose a new rule that would enable them to adopt the final pieces of the,.. Read More;

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Servicers say data breaches hit combined 4 million borrowers

National Mortgage
Mortgage Finance
3 years ago

The extensive data breach last fall at servicers owned by Bayview Asset Management impacted more than 4 million borrowers, according,.. Read More;

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