Broker Products; Underwriting, Customer Service Tools; RON Progress; New Exchange-Traded TBA Product
My cat Myrtle has some publicity once in a while, although she doesn’t want people knowing she can only hear out of one ear. Freddie Mac had some publicity this morning with its earnings release . Here’s some publicity that no lender wants either. “Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company’s intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia area. The CFPB and DOJ allege Trident redlined majority-minority neighborhoods through its marketing, sales, and hiring actions. Specifically, Trident’s actions discouraged prospective applicants from applying for mortgage and refinance loans in the greater Philadelphia area’s majority-minori
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