The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Print This Post Demand Propels Home Prices Upward 2 days ago The Urban Institute recently examined data from the Home Mortgage Disclosure act to discover if minority applicants were being denied mortgages at a higher rate than other races. In total, the group found that at least 16 percent of applicants were denied GSE loans, according to data from the HMDA. However, when the Urban Institute compared HMDA data to CoreLogic data, they found denial rates for low credit profile applicants was at least 54 percent for all races.Regardless of race, weaker credit profile applicants were denied at a significantly higher rate than other applicants. The Urban Institute found that of low credit profile applicants, at least 75 percent of African American applicants were denied GSE loans, 67 percent of Hispanic, 50 percent of white and 55 percent of Asian. Compare to 2001, at least 37 percent of African Americans were denied GSE loans, as were 25 percent of Hispanics, 15 percent of whites and 11 percent of Asians. The group believes the GSEs are underserving applicants with weaker credit profilesMortgage credit access opened up slightly in May, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index. The MCAI increased 1.14 percent from April to May, reading 115.1 in the latest measure. The index was benchmarked at 100 in March 2012, and would have read roughly 800 if the tracking measure had existed in 2007. May’s gains came partially from a slight increase in the availability of jumbo loans and lower credit score requirements on FHA loans. Is Rise in Forbearance Volume Cause for Concern? 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Related Articles The Best Markets For Residential Property Investors 2 days ago in Featured, Media, Webcasts Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Fitch: Green Tree Servicing Moved to ‘Rating Watch Negative’ Next: Court Research Reveals Foreclosure Performance Varies by Firm DS News Webcast: Monday 6/9/2014 2014-06-08 DSNews The Best Markets For Residential Property Investors 2 days ago About Author: DSNews Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Featured / DS News Webcast: Monday 6/9/2014 June 8, 2014 791 Views Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago
Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (2) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down Billy · 382 weeks ago Sooooo…..there was a minor accident with no damage and no injuries? Report Reply 0 replies · active 382 weeks ago 0 Vote up Vote down WHSFAN · 382 weeks ago Billy…whats wrong you can’t read….driver got out on his own, and semi was managed in a way to make sure a accident didnt turn into a major issue if it was carrying any flammable materials. S/O to the first responders that place their lifes in harms way everyday. Report Reply 0 replies · active 382 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments by Tracy McCue, Sumner Newscow â€” A semi truck rollover at the Wellington exit of the Kansas Turnpike at 4:58 p.m. on Tuesday, April 16 resulted in at least two hours of work for rescue workers.The Wellington Fire and EMS Service responded to a tanker roller where a semi truck hauling butane had rolled over while exiting. The driver had already exited the vehicle and was on the scene with the highway patrol officer.Â Firefighters used a gas monitor to determine if there were any leaks with the tank and did an assessment of driver for injuries. The driver, not named in the Wellington Fire and EMS press release, refused treatment and no leaks were detected.Firefighters returned at 7 p.m. to assist tow service while gaining access to batteries with extrication tools and standby while tanker was uprighted.