An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How servicers can access timely, accurate data insights

Learn how to navigate the challenges in today’s market – for example, the need for ongoing, on-demand access to near-real-time data and the ability to access those data insights in a timely and accurate manner.

Steve Murray on new brokerage models, CFPB crackdowns

Today’s HousingWire Daily features a discussion on the emergence of a new brokerage model and the validity behind the concerns against institutional investors.

Black Homeownership

Racial equity in the mortgage biz goes beyond “fancy galas”

Panel of experts outlined proactive steps lenders can take before lawmakers force the issue

HW+ expanding homeonership

If last year gave rise to a slew of announcements of initiatives to address issues of racial equity, now is the time to give force to those promises.

Laura Brandao, president and partner of American Financial Resources, Tai Christensen, director of government affairs and chief diversity and inclusion officer at CBC Mortgage Agency and Montell Watson, director of corporate strategy at Movement Mortgage, took the stage at HousingWire Annual in Frisco, Texas to offer some “practical tips” for mortgage lenders to narrow the racial homeownership gap.

Lenders can start by hiring from a more diverse pool of talent. Christensen and Watson also advised against seeing racial equity as only a cause to donate money to, instead of enacting meaningful change in hiring and business practices.

“If you’re just donating dollars you’re not really doing anything,” said Christensen. “What are you doing to work toward equity? The time of the fancy galas and fundraisers is over.”

Helping to rebuild the relationship with communities that had their equity wiped out in the Great Recession won’t be easy. “There’s a lot of trauma for people of color from being told no for so long,” Watson said.

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