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Author name: Ricky Vasquez

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Castlelake buys majority stake in Resfin Partners

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Minneapolis-based global investment firm Castlelake LP has expanded an existing business relationship with Resfin Partners, adding dominant ownership of the company to its U.S. residential financing resources. Processing Content The purchase of a majority stake gives Castlelake more access to two Miami-based business units Resfin serves as a holding company for: Eastview, a domestic correspondent […]

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CFPB finalizes new ECOA rule in major fair lending pivot

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Key insight: The CFPB claims that the Equal Credit Opportunity Act does not include statutory language that would allow for a so-called “disparate impact” test for instances of unintended discrimination.  What’s at stake: The changes don’t let lenders off the hook entirely. States such as California, Massachusetts and New Jersey maintain strict anti-discrimination rules, creating

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Planet is the latest mortgage lender to embark on a rebrand

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Planet Home Lending is the latest mortgage company to rebrand, simplifying its identity to just one word, and coming out with a new logo. Processing Content The new visual image resembles two nearly completed half-circles, with a horizontal line bisecting them. This logo shows its unified capabilities across its four business lines: origination, servicing, sub-servicing,

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