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Fair-lending suit puts heat on Old National-First Midwest deal

An Indiana housing nonprofit wants the Fed to take a closer look at the proposed merger. Its latest move is a lawsuit that alleges racial discrimination by the regional bank. ....

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Ocwen And HomeFree-USA Join Forces To Help Open Hiring Opportunities For Mortgage Pros Of Color

Ocwen And HomeFree-USA Join Forces To Help Open Hiring Opportunities For Mortgage Pros Of Color
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

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Inside 2 initiatives to put more Black mortgage pros in the workforce

Inside 2 initiatives to put more Black mortgage pros in the workforce
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

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AE, Ops, Sales Jobs; Sec. Mktg., NOI, QC, Diversity Products; NewRez/Caliber Deal; Servicing Retention Study

AE, Ops, Sales Jobs; Sec. Mktg., NOI, QC, Diversity Products; NewRez/Caliber Deal; Servicing Retention Study
Apr 15 2021, 8:29AM
There are some clever people out there, especially when it comes to satisfying demand. Lenders know that mortgage pricing is a function of supply and demand. If one investor doesn’t want your non-owner loans, for example, some other investor will, whether it is a Wall Street private label or a non-QM investor. I mention this because the 25 leading U.S. banks curtailed loan holdings by 8% during the first quarter to $5.45 trillion, according to the Federal Reserve. Deposits rose 16%, to $10.13 trillion, giving the lowest loan-to-deposit ratio since data collection began 36 years ago. How about the supply & demand of odd properties? How does one obtain financing, or go to the bank, or have an appraisal done, on a lighthouse? Sea lovers should know that the historic Wolf Trap Lighthouse and a waterfront lot to keep your ....

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Rocket : Mortgage and HomeFree-USA Expand Partnership That Brings Flagship Financial Education Programming to HBCUs

Programs will also bring diverse talent to Detroit, a key goal of Rocket Mortgage s diversity equity and inclusion efforts

DETROIT, February 11, 2021 - Rocket. | March 5, 2021 ....

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