Mortgage industry of the United States

Veros Economists Find No Evidence of Racial Bias in Its AVM

Retrieved on: 
星期二, 十一月 1, 2022
Banking, Software, Accounting, Professional Services, Data Management, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Asset Management, Construction & Property, Insurance, REIT, Finance, Veros, White, Forecasting, FHA, Diversity, Unified school district, Research, Technology, Industry, City, Department, United States Department of Veterans Affairs, Bias, Housing, Vero Beach, Florida, SM, Fraud, EAD, Mortgage industry of the United States, AVM, Veterans' affairs, Research report, QC, Veteran, Solution, Risk management, Black

Veros Real Estate Solutions (VEROS), an industry leader in enterprise risk management and collateral valuation services, released new research that finds no evidence of racial bias in its VeroVALUE Automated Valuation Model (AVM).

Key Points: 
  • Veros Real Estate Solutions (VEROS), an industry leader in enterprise risk management and collateral valuation services, released new research that finds no evidence of racial bias in its VeroVALUE Automated Valuation Model (AVM).
  • This validation provides an important quality control check for lenders seeking tools to identify potential racial bias in home valuations.
  • By studying a wide range of cities, Veros reinforced the conclusion from its first report that its AVM did not display racial bias.
  • The findings were consistent in all five cities, which revealed no evidence of racial basis in the VeroVALUE AVM.

Operation HOPE Announces Eric Kaplan to Senior Leadership Team Financial Literacy for All

Retrieved on: 
星期二, 九月 27, 2022
Consumer, Market share, Fixed income, Boston University School of Law, Walmart, Kaplan, Charity Navigator, FINRA, MISMO, Policy, All, RMBS, LLC, CFPB, Douglas v. U.S. District Court ex rel Talk America, Capitalism, Department of the Treasury, Knowledge, Politics, Face, Survivor, Industry, Social media, Financial literacy, Consumer Financial Protection Bureau, Operation, Government, Milken Institute, CEO, Technology, Private sector, Financial Crisis Inquiry Commission, Silver, Mortgage industry of the United States, Princeton University, American Banker, SAFE Act, Financial crisis, District court, HOPE, Small business, Poverty, EVP, Operation HOPE, Inc., Housing, Management, Financial adviser

ATLANTA, Sept. 27, 2022 /PRNewswire/ -- Operation HOPE , Inc., the nation's largest non-profit dedicated to financial empowerment for underserved communities, today announced that Eric Kaplan will be joining its Senior Leadership team as EVP, President of Financial Literacy for All (FL4A).

Key Points: 
  • ATLANTA, Sept. 27, 2022 /PRNewswire/ -- Operation HOPE , Inc., the nation's largest non-profit dedicated to financial empowerment for underserved communities, today announced that Eric Kaplan will be joining its Senior Leadership team as EVP, President of Financial Literacy for All (FL4A).
  • "Eric is joining a team of leaders and change makers who are committed to the mission of Financial Literacy for All.
  • "We are excited to have Eric join the Operation HOPE team and look forward to building together."
  • Financial Literacy for All is a national initiative to support embedding financial literacy into American culture.

NEW STAIRCASE API PROVIDES INNOVATORS WITH SAME-DAY GSE INTEGRATIONS

Retrieved on: 
星期三, 八月 31, 2022
Technology, Logic, Insurance, Sale, API, POS, GSE, Web browser, Language, MISMO, Stairs, Automation, Mortgage industry of the United States, AUS, Bank, Real estate

NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Staircase, the company building an integrated, digital infrastructure to accelerate tech-enabled mortgages, has launched a new application programming interface (API) that enables lenders and servicers to embed automated underwriting technology into any application and sync to their point of sale (POS) and loan origination systems (LOS), saving time and money.

Key Points: 
  • "Our GSE API is a real game changer," said Staircase Co-founder and CEO Adam Kalamchi.
  • In addition to making GSE integrations quick and simple, Staircase also makes AUS findings and messages machine readable to create greater automation in the origination process.
  • Like other Staircase products, the GSE API supports all data languages created by the Mortgage Industry Standards Maintenance Organization (MISMO).
  • Staircase is an API and low-code marketplace which automates complex technologies and makes them self-serve for the U.S. residential mortgage industry.

A National Mortgage Bank Continues to Grow and Fulfill Its Mission

Retrieved on: 
星期一, 八月 29, 2022
Longevity, Branch manager, Others, Fannie Mae, Loan, Culture, Growth, Glossary of US mortgage terminology, Roof, Mortgage industry of the United States, Freddie Mac, Mission, Bank, Renewable energy

With that in mind, they recently announced the promotion of Michael Veli to VP of Strategic Growth.

Key Points: 
  • With that in mind, they recently announced the promotion of Michael Veli to VP of Strategic Growth.
  • Mike will spearhead their growth and since June, he has built a robust team to help connect with Loan Officers that they can grow with together.
  • Scott A. Milner, President Watch Clip Here
    "I'm very excited to head up Strategic Growth for US Mortgage.
  • I look forward to growing our national footprint and expanding our Mission."

Enhanced Wolters Kluwer Compliance Solutions eNote data validation functionality optimizes lender eVaulting process

Retrieved on: 
星期一, 八月 22, 2022
Legal, Software, Finance, Banking, Data Management, Professional Services, Technology, Fintech, Technology, ENotes, EVault, Solution, Sale, Wolters, Wolters Kluwer, State-owned enterprise, AEX, Eighth note, Accounting, Compliance, Risk management, Movement, MISMO, Â, Risk, GRC, Information services, Industry, Health, Mortgage industry of the United States, GSE, Adoption, Efficiency, Audit

The upgrade data validation functionality helps lenders reduce loan eVaulting production delays, while optimizing digital lending workflow efficiencies.

Key Points: 
  • The upgrade data validation functionality helps lenders reduce loan eVaulting production delays, while optimizing digital lending workflow efficiencies.
  • Wolters Kluwers arc data validation utility is built upon years of internally developed best practices focusing on the alignment between data and how its viewed.
  • As eNote adoption grows within the mortgage ecosystem, the universe of participants originating, holding, selling and securitizing these assets is expanding, said Simon Moir , Vice President, Banking Compliance Solutions at Wolters Kluwer Compliance Solutions.
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. insurers, banks and credit unions, and securities firms.

Bluestone Bank's Don Parsons Named #1 Loan Originator in Plymouth County for Second Consecutive Year

Retrieved on: 
星期二, 八月 9, 2022
Trust, NMLS, Construction, Equal housing lender, Home equity line of credit, Achievement, Parsons, Depositors Insurance Fund, Federal Deposit Insurance Corporation, Consultant, Mortgage industry of the United States, DIF, FDIC, Warren Group – Studio Deluxe, First Time, ID, Plain Street, Real estate

RAYNHAM, Mass., Aug. 9, 2022 /PRNewswire/ -- Bluestone Bank is proud to celebrate Mortgage professional Don Parsons for achieving as the #1 loan originator in Plymouth County for the second straight year. Parsons surpassed several thousand loan originators from mortgage companies, banks and credit unions in 2021 in closed loan volume according to public registry information compiled by The Warren Group. Parsons is a resident of Plymouth County and oversees the Loan Production Office that opened at 1020 Plain Street in Marshfield, MA in 2018. Parsons has over 20 years of experience in the Mortgage Industry and possesses the unique ability to build long-lasting relationships with his customers. He takes pride in identifying all of the options for each situation and thoroughly explaining the benefits and challenges patiently to each of his clients. From First Time Homebuyer Programs to Jumbo Mortgages, and Construction Loans to Home Equity Lines of Credit (HELOCs), Don goes above and beyond to ensure clients are matched with the home financing solution that fits their needs.

Key Points: 
  • RAYNHAM, Mass., Aug. 9, 2022 /PRNewswire/ -- Bluestone Bank is proud to celebrate Mortgage professional Don Parsons for achieving as the #1 loan originator in Plymouth County for the second straight year.
  • Parsons is a resident of Plymouth County and oversees the Loan Production Office that opened at 1020 Plain Street in Marshfield, MA in 2018.
  • Parsons has over 20 years of experience in the Mortgage Industry and possesses the unique ability to build long-lasting relationships with his customers.
  • "We are so honored to have Don as a member of our team, and we congratulate him on his accomplishment of being the #1 loan originator in Plymouth County for two consecutive years.''

Make Chicago Home for Everyone

Retrieved on: 
星期五, 九月 3, 2021
Articles, Mortgage industry of the United States, Economy, United States Department of Housing and Urban Development, Civil rights and liberties, Urban politics in the United States, Economy of the United States, Redlining, Institutional racism, Financial crisis of 2007–2008, Owner-occupancy, Home-ownership in the United States

CHICAGO, Sept. 3, 2021 /PRNewswire/ -- Last year, millions of Americans rediscovered the importance of home.

Key Points: 
  • CHICAGO, Sept. 3, 2021 /PRNewswire/ -- Last year, millions of Americans rediscovered the importance of home.
  • Besides safe havens, their homes became makeshift offices, schools, theaters and gyms and the centers of family life like never before.
  • That front stoop could become the first building block toward retirement, a college education, or a new business and career.
  • This summer, the Chicago City Council took a first step in addressing these longstanding inequities by introducing the Lending Equity Ordinance.

Peopletrail Promoted Allyson Davis to Director of Compliance

Retrieved on: 
星期一, 八月 30, 2021
Industry, GLB, Dodd–Frank Wall Street Reform and Consumer Protection Act, Fair Credit Reporting Act, Compliance, Knowledge, FCRA, Mortgage industry of the United States, Consumer Protection Act, COO, SNMC, Quality control, Background, Financial adviser, Management

The company recently promoted Allyson Davis, a former Mortgage Compliance Manager, and long-time employee, to Director of Compliance.

Key Points: 
  • The company recently promoted Allyson Davis, a former Mortgage Compliance Manager, and long-time employee, to Director of Compliance.
  • I have no doubt she will stand on the shoulders of our former compliance director and take us to new heights," says Wallace T. Davis, President/CEO of the company.
  • Allyson dove head-first into this new law and became an expert, allowing her to be promoted to the regional Compliance and Processing Manager at SNMC.
  • After four years of working in different capacities, she is promoted to Director of Compliance for Peopletrail.

Associa’s Federal Housing Administration Assist Program Helps Communities Navigate the FHA Certification Process

Retrieved on: 
星期三, 八月 4, 2021
Mortgage industry of the United States, Finance, Federal Housing Administration, Financial services in the United States, Money, FHA, Loans, Federal assistance in the United States, Mortgage, FHA insured loan

Dallas, TX, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Associa , the industrys largest community management company, provides start-to-finish support for Federal Housing Administration (FHA) certification to condominium associations through its one-of-a-kind Associa FHA Assist program.

Key Points: 
  • Dallas, TX, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Associa , the industrys largest community management company, provides start-to-finish support for Federal Housing Administration (FHA) certification to condominium associations through its one-of-a-kind Associa FHA Assist program.
  • The low down payment loans are made by qualified lenders and guaranteed by the Federal Housing Administration.
  • As an industry leader in community management, Associa is uniquely positioned to support communities in obtaining FHA approvals through its FHA Assist service.
  • The FHA Assist program providescondominium associations with convenient, professional, and efficient assistance in obtaining FHA approvals for their communities by facilitating communication, identifying and submitting required materials to the FHA, and managing the approval process.

Garland Veteran Receives $7K to Repair Aging Home

Retrieved on: 
星期三, 八月 4, 2021
Other Philanthropy, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Fund Raising, Residential Building & Real Estate, Mortgage industry of the United States, Federal Home Loan Banks, Veritex Community Bank, the Federal Home Loan Bank of Dallas, VERITEX COMMUNITY BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

A $7,000 Special Needs Assistance Program (SNAP) subsidy from Veritex Community Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) funded the repair of Army veteran Robert Youngs home.

Key Points: 
  • A $7,000 Special Needs Assistance Program (SNAP) subsidy from Veritex Community Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) funded the repair of Army veteran Robert Youngs home.
  • View the full release here: https://www.businesswire.com/news/home/20210804005810/en/
    An Army veteran recently received help with repairs at his Garland, Texas, home.
  • Through member institutions such as Veritex Community Bank, SNAP provides subsidies for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals.
  • SNAP has the ability to help veteran homeowners such as Mr. Young, said Melanie Goodman, Community Reinvestment Act officer at Veritex Community Bank.