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Servicing, MSR Cashflow, POS, Digital, AVM, TPO Communication Products; Demographic Trends for Originators

Wanna track your credit score minute by minute, regardless of whether you speak English, Spanish, whatever? I have no idea why any sane person would want to do that, but SoFi will do it for you. More importantly, the number of people in the United States who spoke a language other than English at home has nearly tripled from 23.1 million (about 1 in 10) in 1980 to 67.8 million (almost 1 in 5), according to a recent U.S. Census Bureau report. At the same time, the number of people who spoke only English also increased, growing by approximately one-fourth from 187.2 million in 1980 to 241 million in 2019. The Hispanic population is the largest minority group in the U.S. So, it is not surprising Spanish is the most common non-English language spoken in U.S. homes (62 percent), 12 times greater than the next four most common languages. (Today’s podcast can be found here and this week’s is sponsored by SimpleNexus, an nCino company and the homeownership platform that unites th

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