Report: AI and Algorithms Reduce Lending Discrimination
More non-bank lenders approve mortgages via tech and math – a positive step, analysts say. But even then, dated info such as credit histories can still create problems.
In 49 States, Women Pay Higher Mortgage Rates Than Men
Study: A mortgage tech company, Own Up, says women still face housing discrimination and received a lower mortgage rate than men in only one state: Alaska.
Economic Development Shift Focusing on People over Place
Florida Realtors economist: Florida cities are switching their economic-development focus. Instead of trying to attract companies, they’re putting a greater emphasis on attracting people as the “work from anywhere” trend continues to pick up steam.
Fraud Alert: Beware of Fake Invoices – Notably SentriLock
NAR warning: SentriLock customers are getting legit bills with fake “remit to” addresses. The lesson: Verify email addresses – look closely – before sending money.
In 29 States, Women Pay Higher Mortgage Rates Than Men
Study: A mortgage tech company, Own Up, says women still face housing discrimination and received a lower mortgage rate than men in only one state: Alaska.
CFPB: What Happens When Eviction/Foreclosure Bans End?
Over 11M U.S. families are behind on rent or house payments, and landlords are struggling. CFPB study: 9% of renters and 28% of manufactured-home residents owe money.
Virtual Power Plants Become Hot Building Amenity
Tech advances and lower costs are making battery and solar systems an attractive investment, marking “a turning point” for the commercial industry, one expert says.
Study: Calling a Client? Keep It Short
Personal phone calls boost business and are emotionally satisfying. But one person is always ready to end a call first, and if it’s a client, it’s time to stop talking.
‘Here’s My Badge’ – Beware the New Social Security Scam
A scammer – whether contacting via email, phone or text – needs to convince you he’s legit, and some are willing to show you official badges. But they’re not official.
SBA Updates PPP Loan Calculations for Schedule C Filers
The change applies to independent contractors SBA called “disadvantaged” in its earlier calculation system that looked at net profits. Now gross income may be used.