In new role, Gillin says she’ll work to apply data and AI to create more seamless, modern homeowner experiences
Mortgage servicer and Non-QM-focused lender Newrez LLC has hired Leslie Gillin as its chief commercial officer. She joins the company after serving as chief growth officer at Pagaya, a firm that applies AI and machine learning to help financial institutions and fintechs asse...
Though homeownership rates among Black Americans have improved, they still lag behind other racial groups
Although ownership among Black households has grown over the past 10 years, they are almost twice as likely to be turned away for financing than anyone else, reveals a scrub of data from the federal Home Mortgage Disclosure Act.
The disparities aren’t uniform. Denial rate...