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Coming Up:
May 30, 2024
The Interest
Trusting The Process

Listen to Lone Star LO Magazine's May 2024 cover story.

Community
May 30, 2024
NMP The Covery Story Podcast
Consumer Confidence Rose In May

Conference Board's monthly survey shows improvement, but recession concerns still looming

Analysis and Data
FHA Enacts New Cybersecurity Reporting Requirements

FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.

Regulation and Compliance
Loan Applications Decrease 5.7% Last Week

An uptick in rates caused decline in applications leading up to Memorial Day weekend

Analysis and Data
Non-QM
Black Homeownership Rate Increases But Remains Below 2004 Level

Nearly one in four Black mortgage applicants are denied, versus one in 10 white applicants.

Diversity & Inclusion
Analysis and Data
Kind Lending Names Tammy Richards As Chief Operating Officer

Richards held positions formerly at loanDepot, Caliber Home Loans

People On The Move
Incenter Promotes Sara Parrish to Chief Operating Officer

Parrish will also remain President of Incenter company CampusDoor, a position she's held since 2022.

People On The Move
Career
PNC Bank Pays Near $12M To Settle MLO Rest Break Lawsuit

The lawsuit alleges PNC skimped on paying its loan officers for time spent on rest breaks and issued inaccurate wage statements.

Courts