Lending

Lending
News and information related to retail lending, wholesale and correspondent, and mortgage origination. General economic trends get worked in here, too; GDP, jobs, apps, rates.

ARTICLES

  • Monday Morning Cup of Coffee: The end of conservatorship, HUD failings and stadium drama

    Your weekly dose of the most crucial weekend mortgage and housing news
    The proposed end of conservatorship for the GSEs by the Trump administration might be the biggest news of the year for the mortgage industry, find out what the MBA has to say about it. Plus, a new ProPublica report shows that HUD left hundreds of thousands at risk of lead poisoning and the LA Clippers are in hot water with residents of the city of Inglewood.
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  • Experts reveal greatest compliance pain points

    And how to overcome them
    While President Donald Trump’s administration has worked to reduce regulations since taking office, compliance continues to be a major problem for many lenders. Panelists from the NEXT Women’s Mortgage Tech Conference explained the changing regulatory environment, compliance issues lenders are facing, and some tips on how to deal.
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  • Wells Fargo lays off 100 mortgage employees in North Carolina

    Bank seeks to better align current volumes
    Wells Fargo announced its Fort Mill, North Carolina-based mortgage office will lose 100 employees, according to an article written by Caroline Hudson for Charlotte Business Journal. The report says the bank is claiming that "market changes" and an effort to "to better align with current volumes" motivated the layoffs.
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  • CFPB declared unconstitutional, again

    Federal judge rules bureau violates Constitution
    For the second time in less than a year, a federal court has ruled that the Consumer Financial Protection Bureau is not constitutionally structured. Earlier this week, U.S. District Judge Loretta Preska of the New York Southern District declared the CFPB to be unconstitutionally structured, as part of a ruling in a case involving a company that provides lump-sum payouts to those awaiting payment in a structured settlement.
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  • 7 things you want your boss to know about blockchain

    What to understand about emerging blockchain technology
    Blockchain is a powerful new technology, but since it isn’t mainstream yet, it may be difficult to justify to your boss, who still unsure about a blockchain strategy. These questions below are some of the ones that Factom's Crystal Wiese sees the most often and may be things your boss wants to know about blockchain, or even things you want your boss to understand better about this emerging technology.
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  • Joe Cartellone joins BBVA Compass as director of mortgage banking and home equity

    20-year industry vet to take charge of BBVA's U.S. mortgage business
    BBVA Compass appointed Joe Cartellone as its director of mortgage banking and home equity. In his new role, Cartellone will head BBVA Compass’ mortgage and home equity business across the U.S., including mortgage and home equity originations, servicing, secondary marketing and portfolio management.
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  • HUD Deputy Secretary Pam Patenaude shares experience working under current administration

    Reveals opinions on administration’s nominations
    At the NEXT Women’s Tech Conference in Dallas, HousingWire Editor-in-Chief Jacob Gaffney began the day with the panel “A Conversation with HUD Deputy Secretary Pamela Hughes Patenaude." During the interview, Patenaude shared her insights on being a woman in the housing industry and gave her opinion on the administration’s housing nominations.
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  • Here’s how mortgage lenders are reaching Hispanic Millennial borrowers

    Lending experts explain what they're doing to reach Hispennial borrowers
    The face of the mortgage borrower is changing and Hispanic Millennial, or Hispennial, borrowers are increasingly buying more homes. During a panel at the NEXT Mortgage Technology conference, experts from three mortgage companies explained what they’re doing to reach this growing demographic.
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Paulina Gonzalez

Paulina Gonzalez

Paulina Gonzalez is the executive director of the California Reinvestment Coalition, which advocates for the right of low-income communities and communities of color to have fair and equal access to banking and other financial services. CRC has a membership of over 300 nonprofit organizations and public agencies across the State. Follow her on Twitter @calreinvest