Santander US mortgage data shows racial, economic discrimination

Santander US mortgage data shows racial, economic discrimination

By Lisa Lambert. WASHINGTON (Reuters) – Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women,
See Original Article

San Diego mortgage bite remains mighty

Despite the staggering rise in San Diego home prices (the median is more than $500,000), the percentage of your income going to your mortgage is
See Original Article

Twin Cities Homes Selling Quickly Due To Low Inventory

MINNEAPOLIS (WCCO) — The Twin Cities housing market is healthy, but area realtors say there is a need for new supply. There were fewer homes
See Original Article

Freddie Mac CEO: 4 ways to turn around the supertanker

Donald Layton, the Chief Executive Officer of Freddie Mac, began Thursday's earnings call with the media in a new fashion. He reminded those in
See Original Article

Appeals court aids CFPB in constitutionality case, but adds a twist

Bloomberg News … 2014 that the New Jersey-based mortgage lender took illegal kickbacks in violation of the Real Estate Settlement Procedures Act.
See Original Article

Banking regulatory relief will come through this Washington council

The FSOC will now determine what level of relief the Trump administration will provide to the banks given the principals outlined without sacrificing
See Original Article

Ciminelli Real Estate Corporation Open to Additional Feedback on Reverie Project

Ciminelli Real Estate Corporation is encouraging additional public feedback on its proposed Elmwood Avenue Reverie project. It is part of the project's
See Original Article

Santander US mortgage data shows racial, economic discrimination -group

Santander denied more than 26 percent of borrowers of color a mortgage in 2014, when other banks in the same locations only turned down 17
See Original Article

SBA – Preferred Lending Program

SBA – Preferred Lending Program. SBA-backed small business loans provide affordable financing options for small businesses that may have
See Original Article

The Bank of Mom and Dad: the ways Toronto parents help their kids buy homes

A Toronto-based mortgage agent has seen more parents taking equity out of their own homes lately to help their children achieve their otherwise
See Original Article

SBI merger to create Rs 41 lakh crore global banking behemoth

The merger of country's largest lender State Bank of India (SBI) with five of its associate banks will create a behemoth having a combined
See Original Article

Jury Convicts Woman of Freddie Mac and Veterans Affairs ID Theft

From October 2012 to April 2014, Jones and her co-conspirators had access to PII from over 100 VA employees and more than 2,000 Freddie Mac
See Original Article

Affin Holdings to transfer listing status to banking unit

The deal entails the exchange of AHB shares with the shares of Affin Bank on a one-to-one basis, the company said in a filing with Bursa Malaysia
See Original Article

Bank announces raft of changes to investor lending

The first set of changes are designed to “manage AMP Bank's regulatory obligations for investor property lending, which has increased in demand
See Original Article

Synovus Mortgage adds four loan originators

Columbus-based Synovus Financial Corp., the parent company of Bank of North Georgia — which has one Kennesaw and three Marietta locations
See Original Article

WOMEN IN BANKING: NANCY PAPAIOANNOU A TRAILBLAZER IN LEADERSHIP

First of all please allow me to present myself; I am Nancy Papaioannou, President of Atlantic Bank and Chairwoman of the Hellenic American
See Original Article

Latest Documents Confirm Government Scheme To Snag Fannie Mae & Freddie Mac Profits

Here we go again. More documents and more evidence that government officials were saying one thing and thinking another with regard to the Net
See Original Article

Examining the forces and maps that redlined the city of Albany

The practice of banks refusing to write mortgages in sections of cities deemed “declining” or “hazardous” began with two key developments in the
See Original Article

Realogy Forms New JV with Guaranteed Rate, Ends One with PHH

The new entity will join a spate of endeavors aiming to bridge the gap between real estate and mortgage lending. Cornerstone Home Lending and
See Original Article

Toronto Mayor John Tory rejects BMO's bubble claim; argues housing market is 'healthy'

Toronto Mayor John Tory is rejecting the notion the city's housing market is in a bubble and insists the rapid rise in home prices shows the market is
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.