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Industry News
Coming Up:
CFPB, DOJ And OCC Hit Trustmark National Bank For 'Deliberate' Redlining
The Consumer Financial Protection Bureau and U.S. Department of Justice, in conjunction with the Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining violations.
Reports: Evergrande Group Makes $83.5M Interest Payment
Faltering Chinese development firm fends off default with payment to international bondholders.
FAR Establishes Borrower Engagement Division
Finance of America Reverse LLCÂ announced its formally established Borrower Engagement Division.
Automating Appraisals No Panacea For Removing Bias
With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find
Reports: Evergrande Group Arranges Bond Extension
Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.
New American Funding Hires Regional Manager
Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region
Rocket Pro Announces Initiatives To Boost Brokers
Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions
FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.
Synergy One Lending Increases Its Capital By $50M
San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry
A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.