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Gary Acosta was invited recently to sit in on a board of advisors meeting for a company that’s expanding its consulting services to include diversity training in the real estate sector. The founder and now CEO of the National Association of Hispanic Real Estate Professionals came away less than impressed. Acosta would not disclose the name of this outfit, but he did…
March 2020 was a month that started with problems that had been building for months. RCN Capital was growing fast but not fast enough to keep up with demand. In the private lending industry, we focus on lending directly to customers acquiring one- to four-family homes for investment purposes. As the CEO of one of the nation's largest lenders in this space, our ten-…
A more “aggressive” CFPB is not just something that compliance professionals are warning about – it is a term that the Consumer Financial Protection Bureau has started to use on a regular basis to describe its own actions. If that wasn’t enough of a red flag that regulators are ramping up, states are creating their own mini-CFPBs to become the enforcers for local…
