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

  • Philadelphia considering new law designed to limit reverse mortgage foreclosures

    Bill addresses “unscrupulous practices” from some reverse mortgage lenders
    The city of Philadelphia is set to consider new legislation that would “prevent the spread of reverse mortgage foreclosures” in the city by “closing a loophole” in the city’s laws that some lenders allegedly exploit to foreclose on reverse mortgage borrowers.
    Read More
  • Top mortgage lenders see originations drop in 2017

    But three top lenders see increase in growth
    Data from IMF revealed many of the nation’s top lenders saw a decrease in origination volume from 2016 to 2017. Out of the top 13 lenders, listed by origination volume from both retail and wholesale, only three saw an increase in their origination volume from 2016 to 2017.
    Read More
  • Nationwide Title Clearing promotes Debbie Lastoria to VP of national sales

    Former HousingWire Magazine Women of Influence honoree
    Nationwide Title Clearing, a post-closing services provider for financial institutions, investors and servicers, announced this week that it promoted Debbie Lastoria to the position of vice president of national sales. While previously serving as NTC’s VP of business development, Lastoria was honored as one of HousingWire Magazine’s Women of Influence in 2015.
    Read More
  • Paul Manafort now facing raft of bank, mortgage fraud charges

    Investigation leads to more charges against former Trump campaign manager
    Paul Manafort, who served as President Donald Trump’s campaign manager for five months in 2016, is now facing a number of bank and mortgage fraud charges as DOJ special counsel Robert Mueller’s investigation digs deeper into Manafort’s past. From the indictment: “Manafort and Gates fraudulently secured more than twenty million dollars in loans by falsely inflating Manafort’s and his company’s income and by failing to disclose existing debt in order to qualify for the loans.”
    Read More
  • Calyx Software launches borrower loan interview solution Zip

    Prospective borrowers can interview online or via a mobile phone device
    On Thursday, mortgage software solution provider Calyx Software announced the launch of Zip, a new loan interview platform for loan originators to use with prospective borrowers. Calyx explains that Zip was developed with “today’s borrower in mind,” and allows LOs to interview prospective borrowers via a custom, branded URL.
    Read More
  • Equifax upgrades its digital security system

    Announces partnership with Entersekt
    Equifax announced Thursday it is creating some changes to its digital security system through its new integration with Entersekt, a push-based authentication and mobile app security company. Here’s everything you need to know about the new partnership.
    Read More
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