For borrowers seeking to finance a custom-built home as an alternative to the two-loan process, a construction-to-perm loan provides a quicker and cheaper financing option. Finding the right CTP lending partner is key.
For borrowers seeking to finance a custom-built home as an alternative to the two-loan process, a construction-to-perm loan provides a quicker and cheaper financing option. Finding the right CTP lending partner is key.
This updated file has resulted in 20,843 changed tracts. There are now 22,671 LMI tracts as opposed to 21,760.
Regression analysis segmentation modified for up to 5 segmentation variables.
The ideal document prep solution mitigates your risk and provides you with a competitive advantage by providing initial disclosures and ending with post-closing services.
By creating an integrated best-in-class compliance platform, Asurity Technologies empowers lenders to establish compliance and to proactively manage fair lending and risk and HMDA/CRA submission.
A quick review of borrower and loan criteria will help you identify whether the affordable home loan program is suitable for a particular client or population that you are trying to serve.
The Federal Deposit Insurance Corporation (FDIC) issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in January 2017.
In March of 2017, legal firm Buckley Sandler covered the largest HMDA fine that the CFPB has ever levied against a nonbank mortgage lender.
The 2015 HMDA dataset contains more than 14 million records across 6,913 respondents.