HousingWireHousingWire The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations. This is the DOJ’s first redlining settlement involving a credit union. The sector includes…
Continue reading →HousingWireHousingWire As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse mortgages as a potential option to add financial flexibility. After enduring backlash, Mayor Misha Pride has walked back his comments. “Contemplating the recent…
Continue reading →HousingWireHousingWire Democratic presidential nominee and incumbent Vice President Kamala Harris recently made a media blitz in an effort to appeal to voters ahead of next month’s presidential election, where she’ll face off against Republican nominee and former President Donald Trump. While Harris and Trump have unique experiences they’ll bring to…
Continue reading →HousingWireHousingWire Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Let’s face it—a healthy pipeline of leads is the lifeblood of any successful real estate business. Buying real estate leads is one of the fastest, most…
Continue reading →HousingWireHousingWireMortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Friday, both banks…
Continue reading →
