CFPB seeks settlement in Townstone Financial redlining dispute by Chris Clow for HousingWire

HousingWireHousingWire The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with Chicago-based Townstone Financial that would resolve a case over what the bureau calls “discriminatory lending practices and redlining African American neighborhoods in Chicago.” The proposed order would prohibit Townstone from taking any action…

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FirstTeam’s Michele Harrington talks innovative recruitment strategies for brokerages by Kennedy Edgerton for HousingWire

HousingWireHousingWire In this week’s episode of the Power House podcast, host Diego Sanchez sits down with FirstTeam Real Estate CEO Michele Harrington for a provocative conversation about female empowerment, leadership in the real estate industry and recruitment strategies. This interview has been edited for length and clarity. The duo start…

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MISMO tech VP on what the reverse mortgage working group brings to the table by Chris Clow for HousingWire

HousingWireHousingWire The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem. Jonathan Kearns, vice…

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