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Another lender settles redlining accusations with DOJ

Another lender settles redlining accusations with DOJ

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Another lender settles redlining accusations with DOJ
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Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
housingwire housingwire | 1 year ago
The complaint filed in federal court alleges that from at least 2015 to 2021, Lakeland Bank failed to provide mortgage lending services to Black and Hispanic neighborhoods in and around Newark, NJ. The post Another lender settles redlining accusations with DOJ appeared first on HousingWire.
The complaint filed in federal court alleges that from at least 2015 to 2021, Lakeland Bank failed to provide mortgage lending services to Black and Hispanic neighborhoods in and around Newark, NJ. The post Another lender settles redlining accusations with DOJ appeared first on HousingWire.
DOJ, CFPB announce $24M redlining settlement with Trident Mortgage
DOJ, CFPB announce $24M redlining settlement with Trident Mortgage
DOJ, CFPB announce $24M redlining settlement with Trident Mortgage
DOJ, CFPB announce $24M redlining settlement with Trident Mortgage
housingwire housingwire | 1 year ago
The Department of Justice and the CFPB are taking the fight to non-bank mortgage lenders for redlining. They reached a $24.4M settlement agreement with Trident Mortgage, a subsidiary of Berkshire Hathaway. The post DOJ, CFPB announce $24M redlining settlement with Trident Mortgage appeared first on HousingWire.
The Department of Justice and the CFPB are taking the fight to non-bank mortgage lenders for redlining. They reached a $24.4M settlement agreement with Trident Mortgage, a subsidiary of Berkshire Hathaway. The post DOJ, CFPB announce $24M redlining settlement with Trident Mortgage appeared first on HousingWire.
The History of America’s Black Homeownership Gap
The History of America’s Black Homeownership Gap
The History of America’s Black Homeownership Gap
The History of America’s Black Homeownership Gap
homie homie | 2 years ago
The gap in the homeownership rate between black and white families in the US is bigger today than it was 50 years ago. Read about how we ended up here: The post The History of America’s Black Homeownership Gap appeared first on Homie Blog.
The gap in the homeownership rate between black and white families in the US is bigger today than it was 50 years ago. Read about how we ended up here: The post The History of America’s Black Homeownership Gap appeared first on Homie Blog.
Black homeownership group, MBA call for MIP cut
Black homeownership group, MBA call for MIP cut
Black homeownership group, MBA call for MIP cut
Black homeownership group, MBA call for MIP cut
housingwire housingwire | 1 year ago
The Black Homeownership Collaborative has joined the chorus of voices imploring HUD Secretary Marcia Fudge to reduce MIP and suspend life-of-loan requirements for borrowers with FHA-insured loans. The post Black homeownership group, MBA call for MIP cut appeared first on HousingWire.
The Black Homeownership Collaborative has joined the chorus of voices imploring HUD Secretary Marcia Fudge to reduce MIP and suspend life-of-loan requirements for borrowers with FHA-insured loans. The post Black homeownership group, MBA call for MIP cut appeared first on HousingWire.
CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ
CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ
CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ
CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ
housingwire housingwire | 1 year ago
CHLA penned a letter to the DOJ and CFPB citing its concerns about potential antitrust violations stemming from a ICE/ Black Knight merger. The post CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ appeared first on HousingWire.
CHLA penned a letter to the DOJ and CFPB citing its concerns about potential antitrust violations stemming from a ICE/ Black Knight merger. The post CHLA takes antitrust concerns about ICE/ Black Knight merger to DOJ appeared first on HousingWire.
Pittsburgh Community Reinvestment Group details decline in Black homeownership in new report
Pittsburgh Community Reinvestment Group details decline in Black homeownership in new report
Pittsburgh Community Reinvestment Group details decline in Black homeownership in new report
Pittsburgh Community Reinvestment Group details decline in Black homeownership in new report
bizjournals bizjournals | 2 years ago
PCRG calls for state version of the Community Reinvestment Act, noting continuing racial inequalities in mortgage lending despite widespread lender compliance with federal standards.
PCRG calls for state version of the Community Reinvestment Act, noting continuing racial inequalities in mortgage lending despite widespread lender compliance with federal standards.
Displacement, transportation and wages hinder Black homeownership, Milwaukee leaders tell U.S. Reps.
Displacement, transportation and wages hinder Black homeownership, Milwaukee leaders tell U.S. Reps.
Displacement, transportation and wages hinder Black homeownership, Milwaukee leaders tell U.S. Reps.
Displacement, transportation and wages hinder Black homeownership, Milwaukee leaders tell U.S. Reps.
bizjournals bizjournals | 2 years ago
U.S. Rep. Gwen Moore (D-Wisconsin), whose district includes Milwaukee, hosted a Tuesday tour of Milwaukee neighborhoods for Rep. Jim Himes (D-Conn.) and Rep. Bryan Steil (R-Wisconsin) of Kenosha.
U.S. Rep. Gwen Moore (D-Wisconsin), whose district includes Milwaukee, hosted a Tuesday tour of Milwaukee neighborhoods for Rep. Jim Himes (D-Conn.) and Rep. Bryan Steil (R-Wisconsin) of Kenosha.
Black Sacramentans struggle — and get help — on path to homeownership
Black Sacramentans struggle — and get help — on path to homeownership
Black Sacramentans struggle — and get help — on path to homeownership
Black Sacramentans struggle — and get help — on path to homeownership
bizjournals bizjournals | 1 year ago
This story from the Sacramento Observer is a part of the Solving Sacramento journalism collaborative.
This story from the Sacramento Observer is a part of the Solving Sacramento journalism collaborative.
OCC used “outdated, unclear” guidance for redlining exams
OCC used “outdated, unclear” guidance for redlining exams
OCC used “outdated, unclear” guidance for redlining exams
OCC used “outdated, unclear” guidance for redlining exams
housingwire housingwire | 1 year ago
The GAO found the OCC - which examines instances of redlining by banks - used "outdated" guidance and performed fewer exams in recent years. The post OCC used “outdated, unclear” guidance for redlining exams appeared first on HousingWire.
The GAO found the OCC - which examines instances of redlining by banks - used "outdated" guidance and performed fewer exams in recent years. The post OCC used “outdated, unclear” guidance for redlining exams appeared first on HousingWire.
Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M
Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M
Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M
Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M
bizjournals bizjournals | 1 year ago
Scottsdale-based real estate proptech company HomeLight has entered into an agreement to acquire Accept.inc, a Denver-based fintech lender that gives homebuyers a way to submit all-cash offers on a home. With this all-stock transaction, HomeLight will become the largest agent-focused cash offer program in the country, with $3 billion in referred transaction volume during the first quarter of 2022 alone, said Drew Uher, founder and CEO of HomeLight. The deal is expected to close by the end of t...
Scottsdale-based real estate proptech company HomeLight has entered into an agreement to acquire Accept.inc, a Denver-based fintech lender that gives homebuyers a way to submit all-cash offers on a home. With this all-stock transaction, HomeLight will become the largest agent-focused cash offer program in the country, with $3 billion in referred transaction volume during the first quarter of 2022 alone, said Drew Uher, founder and CEO of HomeLight. The deal is expected to close by the end of t...