NYDFS Issues Industry Letter on Preventing Sexual Orientation Discrimination in Mortgage Lending

NYDFS Issues Industry Letter on Preventing Sexual Orientation Discrimination in Mortgage Lending

After analyzing mortgage loan applications and terms from four non-depository lenders and one bank from 2016-2018, DFS found notable disparities in approvals
See Original Article

How Much Should You Put Down on a House? | WTOP

Specifically, you can get Federal Housing Administration loans with a 3.5% down payment. Lenders also offer conventional loan programs with 3% down, including
See Original Article

Fitch Revises NIBC's Outlook to Stable; Affirms at 'BBB'

Its corporate offering comprises lending, asset-and-receivable financing, … NIBC's low-risk residential mortgage loans should remain resilient.
See Original Article

Investigation finds secret bias hidden in mortgage-approval algorithms – Post and Courier

Black mortgage applicants in the Charleston area are twice as likely to be denied as White borrowers with similar qualifications, according to a new analysis of
See Original Article

A Bullish View On The Mortgage Industry | Seeking Alpha

Since the global financial crisis, there have been several positive developments and increased differentiation among non-bank mortgage originators.
See Original Article

Advice for home buyers, sellers in Sacramento CA real estate

Broker Associate Erin Stumpf and Realtor Kelly Pleasant talk about whether sellers should price their homes higher than the regular market price in hopes of
See Original Article

The Benefits of Mortgage Pipeline Hedging | Credit Union Times

Mortgage lending is a sizable part of most credit unions' business, accounting for more than half (51.8%) of the industry's $1.17 trillion in total loans.
See Original Article

Mortgage Rates Relatively Unharmed, Despite Unexpected Moves in Bonds

And sometimes, traders express their preference for shorter-dated bonds at the expense of longer-dated bonds like 10yr Treasuries or MBS (the mortgage-backed
See Original Article

Akerman Helps With $45M NY Life Real Estate Loan – Law360

The loan from New York Life Insurance Co. is for 860 Washington St. A mortgage document filed in New York on Friday indicates that Samuel Lee,
See Original Article

Mortgage Borrowers Who Get the Jab Face Reduced Tab – WSJ

The vaccination carrot is a way for lenders and home-loan investors to deal with increased uncertainty around applicants' employment status.
See Original Article

U.S. mortgage rates remain flat – St. Louis Business Journal

The 30-year fixed mortgage rate averaged 2.87% for the week ended Sept. 2 — unchanged from the prior week. A year ago, 30-year fixed-rate mortgages averaged
See Original Article

Mortgage Co. Settles Needless Inspection Suit for $2.7M – Law360

Law360 (September 3, 2021, 3:09 PM EDT) — Freedom Mortgage Corp. has reached a proposed $2.7 million class action settlement over fees for allegedly
See Original Article

Some of the best home improvement loans of 2021 | Fox Business

Your application will ask for some personal and financial information, which your potential new lender will use to check your credit and make a loan decision.
See Original Article

Mortgage price war hots up as Nationwide is lastest to slash lending rates – iNews

A war among mortgage lenders to win new customers is forcing down borrowing rates and propping up property prices as more banks come to the market with
See Original Article

Timothy Barrett Named FHLBank Boston's Next Leader – Banker & Tradesman

FHLBank Boston is one of 11 regional banks in the Federal Home Loan Bank System, a government-sponsored enterprise that supports mortgage lending and community
See Original Article

Mortgage rates remain unchanged | The Spokesman-Review

The rate for a 15-year loan, a popular option for homeowners refinancing their mortgages, ticked up to 2.18% from 2.17% last week. Kraft Heinz settles charges.
See Original Article

Fitch Affirms CCUBS Commercial Mortgage Trust 2017-C1

Fitch Ratings – Chicago – 03 Sep 2021: Fitch Ratings has affirmed 15 classes of CCUBS Commercial Mortgage Trust 2017-C1 commercial mortgage pass-through
See Original Article

Invesco Mortgage Capital Inc. stock falls Friday, underperforms market – MarketWatch

Shares of Invesco Mortgage Capital Inc. IVR slipped 1.59% to $3.09 Friday, on what proved to be an all-around mixed trading session for the stock market,
See Original Article

Black mortgage applicants in Charleston denied twice as often as White borrowers – Post and Courier

The analysis, conducted by the nonprofit newsroom The Markup, found racial disparities in mortgage lending spanned the country, but the divide in the Lowcountry
See Original Article

San Francisco, L.A. Office-Tower Vacancies Threaten CMBS Loans – Bloomberg

The rising vacancies potentially threaten cash flow for three loans that were securitized in various multi-loan, or “conduit” commercial mortgage-backed
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.