Month: January 2019

  • The Impact of the U.S. Government Shutdown on the Mortgage Industry

    The U.S. government was shut down for over a month, and mortgage lenders have felt the effects of the impasse between Democrats and Republicans over Trump’s “border wall”. Upon first glance, these topics don’t seem related, but they are. The U.S. government shutdown affects federal agencies, and everything that affects federal agencies has an impact…

  • How LendingPatterns™ Can Help You Avoid Redlining

    Mortgage lending can be a complicated process sometimes, with dozens of factors taken into consideration before approving an applicant for a loan. Unfortunately, lenders can often be so focused on the data and statistics that they may inadvertently be declining specific applicants or not offering them additional financial programs. This can add up over time…