Bloomberg/Crain’s New York Business, March 16, 2021We’ve identified 10 Black bankers, endorsed by their peers for being leaders who stand out in an industry that’s working to transform itself from …
Category: Top National News

Opening Up the Door for Women in Mortgage
MReport, March 17, 2021–David WhartonTo celebrate Women’s History Month, a panel of female employees from three different departments at Planet Home Lending joined MReport to discuss how they have found …

Freddie Mac Appoints Mark Crier as Interim CEO
National Mortgage News, Mar. 16, 2021–Brad Finkelstein (subscription)The company is still searching for someone to fill the roll on a full time basis, but the $600,000 annual salary cap may …

More Than 10,000 Broker Shops Agree To UWM’s Addendum
National Mortgage Professional, Mar. 16, 2021–Navi PersaudUnited Wholesale Mortgage reported that more than 10,000 broker shops in America have agreed to the recently announced addendum, barring them from working with …

Retail Sales, Manufacturing Slip Ahead of Expected Spring Rebound
Wall Street Journal, Mar. 16, 2021–Amara Omeokwe (subscription)U.S. retailers and manufacturers slumped in February due to winter storms and supply-chain disruptions, but a broader economic rebound appears poised to accelerate …

More Women Have Become Homeowners and Heads of Household. Could the Pandemic Undo That Progress?
Urban Institute, Mar. 16, 2021–Laurie Goodman, Jung Hyun ChoiIn this blog, the researchers explore the data on women’s progress in headship and homeownership over the past 30 years.https://www.urban.org/urban-wire/more-women-have-become-homeowners-and-heads-household-could-pandemic-undo-progress

Stumbling Hotel Industry Starts to Regain Footing After Its Worst Year
Wall Street Journal, Mar. 16, 2021–Peter Grant (subscription)The badly battered lodging business is stirring to life, roused by hotel owners and investors betting that bookings will pick up when Covid-19 …

Sherrod Brown Quickly Shifts Banking Panel’s Course
American Banker, Mar. 15, 2021–Neil Haggerty (subscription)With a steady stream of Senate hearings held on the racial wealth gap and inequities in the financial system, the new chairman has set …

Redlined, Now Flooding
Bloomberg, Mar. 15, 2021–Kriston Capps, Christopher CannonMaps of historic housing discrimination show how neighborhoods that suffered redlining in the 1930s face a far higher risk of flooding today.https://www.bloomberg.com/graphics/2021-flood-risk-redlining/?srnd=premium

Blend’s Move to Buy Title365 from Mr. Cooper Targets Key Fintech Niche
National Mortgage News, Mar. 15, 2021–Bonnie Sinnock (subscription)The acquisition, which has a $500 million enterprise value, will extend the technology vendor’s capabilities beyond the point of sale into the stubbornly …