Tag Archives: Lending

According to the City of Philadelphia, black borrowers of Wells Fargo loans were over twice as likely to receive high-cost or high-risk loans than white borrowers, while Hispanic borrowers were around twice as likely, and home in predominantly minority neighborhoods were 4.7 times more likely to be foreclosed. Two weeks before this case, the Supreme Court had ruled that Miami could sue Bank of America for predatory lending practices that allegedly increased segregation.

Following the election of Donald Trump, the financial sector, including banks, saw a average earning growth of 16.4 percent, with revenue growing over 9 percent. Bank stocks fell 1.5 percent during the first three months, though have remained high and stable since.

Thanks to its implementation of DocMagic’s Total eClose platform, Texas Capital Bank has successfully completed and funded it very first eClosing. Now one of the largest warehouse lenders to accept and fund eNotes, Texas Capital has made its first step toward digitization. The bank was praised by DocMagic CEO Dominic Iannitti.

HouseCanary has partnered with RE/MAX to provide its agents with powerful pricing insights. As a part of the partnership, RE/MAX agents can now access HouseCanary Value Reports through the organization’s Approved Suppliers portal. The reports offers accurate home valuations and three-year pricing forecasts.

Users are now able to use Leverage Encompass Developer Connect to build solutions to meet specific business needs and quickly deliver new capabilities to customers and employees.

Larry Baer joins the broadcast to discuss forecasting interest rates, high/low cycles and monetization of forecasts.

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/4/307/show_4307053.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Skip Schenker, founder of Ready4Remodel, will discuss the intricacies, benefits and the ability to increase returns utilizing the well-known, but under-utilized, 203k renovation financing. Increased loan trades and real estate offerings from HUD, FNMA & ...