Trends

Racism Questioned in Mortgage Denial Rates and New Facebook Probe
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination in Facebook’s advertising platform.   An... Keep Reading....
More Trends Articles
Limited proficiency in English is also limiting access to homeownership in the U.S., according to a new data study by the Urban Institute
 Limited proficiency in English is also limiting access to homeownership in the U.S., according to a new data study by the Urban Institute.   There is a 64 percent median homeownership rate in neighborhoods with the highest levels of limited English proficient (LEP) residents, compared to a 74... more
Optimism related to potential homeownership waned during the first quarter
 Optimism related to potential homeownership waned during the first quarter, according to the National Association of Realtors’ (NAR) latest Housing Opportunities and Market Experience (HOME) survey.   In a poll of roughly 2,700 households, 68 percent of homeowner respondents during the first... more
A Texas housing non-profit has filed a complaint against the U.S. Department of Housing and Urban Development (HUD) over what is described as a “prolonged, programmatic failure” to enforce civil rights obligations in Houston
 A Texas housing non-profit has filed a complaint against the U.S. Department of Housing and Urban Development (HUD) over what is described as a “prolonged, programmatic failure” to enforce civil rights obligations in Houston.   According to a CityLab report, the complaint was filed in the U.S.... more
The total amount of tappable equity in the housing market reached a record breaking $5.4 trillion in 2017
 Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $237 on each loan they originated in the fourth quarter of 2017, a significant drop from the reported gain of $929 per loan in the third quarter, according to data from the Mortgage Bankers Association (... more

FMJ Job Listings

More