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Tag Archives: Banks

Affordable Mortgage to Avoid Foreclosures

An initiative by a nonprofit will help Philadelphia homeowners facing foreclosure by buying their homes and reselling them to their occupants with mortgage loans they can afford. Here’s how.

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Castle Law Defendants Awarded $1.9M in Legal Fees

Discussing his clients’ victory, Larry Pozner, the lead defense attorney in the case, said, “How dare the state tell a law firm what quality it must hire or what sacrifices it should make to please the state. The clients were satisfied with the services they were receiving.”

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Examining Housing Inequality

It has been five decades since President Lyndon B. Johnson signed the Fair Housing Act into law, one week after the assassination of Martin Luther King, Jr. In honor of the anniversary, Trulia partnered with the National Fair Housing Alliance ...

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Streamlining Banking Processes

The House passed two bipartisan bills that are aimed at increasing accountability for both, banks and nonbanks.

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Improving the HELOC Experience

home equity

Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of Credit Satisfaction Study by research and rating firm J.D. Power. The study ...

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How Banks Meet Community Needs

The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair mortgage lending, affordable housing development, small business lending, and similar activities. In ...

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A Universal Solution to a Universal Problem

Editor’s note: this feature originally appeared in the March issue of DS News, out now.  In the past decade, decreasing volumes on both the servicer and attorney side have forced companies to tighten their belts to remain profitable. One area ...

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Can Online Lending Decrease Risk?

Hyland introduces digital tool

Technological innovation is changing the way the mortgage industry works, and the model followed by lenders who have embraced technology such as end-to-end online mortgage application and approval processes have made lending a less risky prospect, according to a report ...

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