Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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The expanded credit access in its automated mortgage decisioning goes into effect in mid September.
August 11 -
Despite decades of corporate talk and experimentation, digitization strategies remain largely piecemeal, unfocused, and ineffective. Is change finally coming?
June 1 -
The programs from the trade group are aimed at helping the bank improve its employee representation and workplace culture.
May 24 -
Most of the activity covered vacant and abandoned properties or commercial loans, according to Attom Data Solutions.
May 12 -
While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.
February 16 -
While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.
February 12 -
The president’s executive action looks to assess the impact of the previous administration's alterations to the Affirmatively Furthering Fair Housing and Disparate Impact rules, while reinforcing Biden’s vow to eliminate discriminatory lending practices.
January 27 -
Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.
December 30 -
The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices.
July 23 -
The Federal Housing Finance Agency will extend the same GSE benchmarks of the past three years into 2021.
July 20 -
From affordable housing policy to GSE conservatorship, the next president will wield a heavy influence on mortgage and housing policies.
July 17 -
How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the homeownership divide for the Black community.
June 19 -
With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association – which many credit unions are members of – got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.
September 16 -
The Department of Housing and Urban Development approved a settlement in favor of the California Reinvestment Coalition against CIT Group's OneWest Bank, which Steven Mnuchin ran before he became Treasury secretary.
July 29 -
Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.
June 21 -
SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7 -
Popular TV shows about house fixers and flippers have sparked consumer interest in remodeling, creating an opportunity for lenders to build a specialty in renovation loans while traditional mortgage lending is weak.
February 4 -
As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.
January 4 -
The mortgage industry heads into 2019 with little relief from the market strains of the past three years. To succeed — or at least survive — lenders must confront major questions about demand, affordability and market consolidation.
December 26 -
Early adopters took digital mortgages from concept to reality. What will it take for everyone else to catch up?
September 10
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