Mortgages are the key for millions of families trying to reach their dreams of owning a home and are often the most popular financial products sold by institutions. But when planning your company’s operations for the next few years, how do you make sure your products are attractive to your community and fit national trends?…
On October 23rd, 2019, the Federal Housing Finance Agency (FHFA) announced that it will be teaming with Fannie Mae and Freddie Mac to increase the library of resources available to Chinese-Americans. Let’s take a look at how these changes will benefit Chinese-American applicants and how it can impact the mortgage industry. New Support for More…
The Triad Business Journal used LendingPatterns™ to identify large mortgage lenders in the area. Click this link to see the complete list.
Are you feeling overwhelmed by fair lending analysis, have an upcoming exam, or don’t know where to begin? For starters, talk to the ComplianceTech team about their solutions. ComplianceTech prides itself on delivering the best HMDA and fair lending compliance software available to independent mortgage companies and financial institutions. We are happy to announce that…
The year may almost be over, but that doesn’t mean the learning opportunities for fair lending compliance management professionals is over. ComplianceTech is always searching for new events to advance our skill sets and those of our clients, and we believe the next great opportunity is at the 2019 Fair Lending Interagency Webinar. Here is…
Every year, thousands of financial institutions across the United States gather their HMDA data and submit it to the Consumer Financial Protection Bureau (CFPB) for its use to monitor community housing needs; to compile lending statistics; and to identify predatory lending practices. This means that the CFPB is constantly analyzing new trends in the financial sector, which…