Iowa credit union aims to ease nonwhite homeownership with loan help
The homeownership rate for Black Iowans is just 23% compared to 74% for white Iowans. Hispanics and people of Asian heritage also lag.
Source: desmoinesregister.com
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GreenState pledges $1 billion in home loans to people of color
The credit union is trying to shrink the gap between Black and white homeowners by pledging $1 billion over 10 years in home loans to people of color. The credit union this week committed $500 million to loans to people of color on top of $500 million announced last year for home loans to Black borrowers.
Source: thegazette.com
Ops, Sales Jobs; Securitization, HELOC, Verification, Tech Review, Sales Products; Events and Webinars
Ops, Sales Jobs; Securitization, HELOC, Verification, Tech Review, Sales Products; Events and Webinars Jun 1 2021, 8:14AM June, already. Plans to return to the office? The Mortgage Bankers Association, for example, is gearing up for a July 12 return. And you can bet it’s watching the machinations of the Agencies. Huh? Rumors of Freddie raising its gfees? Rumors of the 7 percent being ratcheted down to 6.5 percent or 6 percent over time, or lenders being asked to buy back non-owner or 2nd homes that exceed the caps? Rumors of tweaking the seasoning language? Heck, ...
Source: mortgagenewsdaily.com