Greece crisis and U.S. Mortgage
September 3, 2015

What The Greece Crisis Could Mean for U.S. Mortgages

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It might seem like a stretch to argue that the financial crisis in Greece could have major ripples for the housing industry in the U.S., but there are important indicators worth paying attention to. The main reason this might feel like a stretch is because many people are aware of the crisis in Greece, but not what it really looks like. It turns out that while Greece might have a short term impact on the mortgage market, it isn’t lasting and not really the kind of assistance lenders or borrowe

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Disparate impact ruling
September 2, 2015

What Does the Disparate Impact Ruling Really Mean for Lenders?

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The Supreme Court recently handed down a decision related to the disparate impact theory of liability and it has important ramifications for mortgage lenders. The Court specifically found that this theory can be applied to the Fair Housing Act. This calls for lenders to be more aware and rigorous in both the testing and analysis of business practices that could in any way be perceived as discrimination. Meaning of the Fair Housing Act The Fair Housing Act, among many other stipulation

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Home lenders prefer millennials
August 26, 2015

Why Do Home Lenders Prefer Millennials?

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It is no secret that millennials are less active in the housing market than the generations before them, but it looks like the tide might be changing in that regard as of late. Young people have largely stayed out of the process of owning a home for many potential reasons: the recent recession, underemployment or unemployment, overwhelm from student loan payments, or the perception that they would not qualify for loans. According to new research from the National Association of Realtors, howe

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