Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

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Justice Department: Redlining Settlements Top $107M

The Department of Justice announced it has secured more than $107 million for communities of color through its crackdown on mortgage lending discrimination. So reports DSNews.

DOJ department 40657 640 smallThe total includes a fresh $9 million deal with Ameris Bank to settle redlining allegations involving predominantly Black and Hispanic neighborhoods in Jacksonville, Florida.

Attorney General Merrick Garland said two dozen redlining investigations are still active nationwide.

Read the full article from DSNews.

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