A new FICO collaboration is dedicated to expanding the mortgage industry’s understanding of social impact lending through education. The company partnered with the National Association of Minority Mortgage Bankers of America to boost its training and certification program on social impact lending. “This collaboration will help us expand the reach of our Certified Community Lender…
By CHUCK GREEN Mirror, mirror, on the wall, show us a reflection of who we are. American homebuyers are getting older. The typical first-time homebuyer is now 36, while the repeat buyer’s age climbed to 59 last year. So what about the mortgage professionals that cater to these consumers? Are they older, industry veterans, or…
More than 14.5 million single- and multifamily homes were impacted by natural disasters in 2021, causing an estimated $56.92 billion in property damage, according to CoreLogic’s 2021 Climate Change Catastrophe report. The report analyzed thirteen “major hazard events” of 2021– including hurricanes, tornados, wildfires, and winter storms– and 120 million residential structures in the U.S….
Good Morning! Today is Friday, January 28. Economic output in the U.S. grew 5.7% over the past year, the biggest annual increase in decades. Biden told Ukraine’s president that the U.S. was ready to respond forcefully to any Russian aggression. A federal judge revoked Gulf of Mexico oil and gas leases, ruling the Biden administration failed…
Across the country this December, mortgage professionals will be stepping up to help people in need, support community charities, and generally help make the season a little brighter. The Mortgage Note wants to celebrate those efforts by highlighting them in an upcoming edition of our newsletter — and by doing our part to spread holiday…
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