Can AI Crack The Mortgage Approval Gap?
A company white paper links lower decline rates to its AI-enabled workflow, then estimates the potential lending volume if those rates held nationwide.
Tagged: Diversity & Inclusion
HUD Equal Access Rewrite Could Reshape Borrower Pipeline And Add Compliance Risk
Proposed rollback of gender identity protections may ripple into FHA lending, documentation stability, and fair lending exposure
Single Women Rejected Most Often
Research from LendingTree finds that single women are almost 30% more likely to be denied a mortgage
Black Homeownership Rate At Lowest Level In Nearly Four Years
Rate falls about 3.1% YoY in largest drop since 3Q 2021, report finds
Black First-Time Buyers Dominated The 2024 Market
62% of Black homebuyers purchased their first home last year, amid a nationwide downturn.
TidalWave Blends AI & DEI To Support Hispanic Homebuyers
51% of Hispanic homebuyers face added costs to hire professional translators
NFHA Reports Record-Breaking Number Of Fair Housing Complaints
Harassment complaints increased 66% in 2023 from year prior
NAF Seeks To Make An Impact On Black Homeownership
By extending $20 billion in new mortgages to Black homebuyers by the year 2028
Opportunity For All
Listen to NMP Magazine's May 2024 cover story.
NAF Releases New White Paper On Empowering Diverse Communities
Addressing the racial homeownership gap and recommending industry-wide solutions