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I need a lot of help, Singleton said. Because it doesn’t make any sense.
Real estate agent and grandmother Tarshia Brown lost $52,000 when she put the money down to buy a house in Prince George s County, Maryland. That $52,000 could have put my daughter through college. It could have put my son through college, she said.
Taking a Toll
Singleton and Brown tried to buy their homes from Toll Brothers, which describes itself on its website as America’s leading luxury home builder.
Federal mortgage data shows Toll Brothers sells more homes here in the D.C., Maryland and Virginia region than anywhere else. It also owns its own mortgage company, TBI Mortgage.
Pursuing racial parity in property valuations
Troy McMullen, The Washington Post
Jan. 21, 2021
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1of5Lorenzo and Gwen Mitchell pose with their children - Sia, Zora and Prishad - in front of their Park Hill home in Denver, Colo. The Mitchells experienced racial bias when having their home appraised.Photo by Stephen Speranza for The Washington Post.Show MoreShow Less
2of5The Mitchells home is in the Park Hill neighborhood, a tree-lined community dotted with Craftsman and Tudor-style homes just west of downtown Denver.Photo by Stephen Speranza for The Washington Post.Show MoreShow Less
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4of5Lorenzo Mitchell holds his daughter Zora as her sister Sia sits on the swing. Gwen Mitchell is seen watching her husband and daughters while her son Prishad pets the family dog.Photo by Stephen Speranza for The Washington Post.Show MoreShow Less
Sales Management, MLO Jobs; Recruiting, VA IRRRL, Non-QM Products; Litigation is Expensive; HMDA Season has Begun! Jan 11 2021, 7:58AM
Of course some found humor in last week’s riot in Washington DC. (“In light of recent events, Mexico has decided that it will pay for the wall after all. And Canada wants one as well.”) For others, as heard in these messages from Republican Arnold Schwarzenegger and Colin Powell, there is nothing to laugh about. MLOs steer clear of politics with their clients, and on their job-related websites, for good reason. Not only is personal information on a company website against many rules and regulations, but there is a lot at stake. Many forecast that U.S. mortgage volumes could top $3 trillion this year as rising competition among lenders and an activist Federal Reserve combine to put further downward pressure on rates, and there are 800,000 U.S. borrowers who could save money if rates stay where they are. And who would