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Mortgage applicants find cozy home at some credit unions

Abrigo

Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. In a lending segment once cornered by banks, credit unions are making an impact for those looking to purchase their own home.

Regional 186
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Claim: Racial Disparities Rampant in Three Midwest Metro Areas

American Banker

Mortgage originators aren't lending enough to people of color or the poor in the St. Louis, Milwaukee and Minneapolis metropolitan areas, the National Community Reinvestment Coalition said.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

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15 Minutes With—Kaarin

Independent Banker

Milwaukee is about an hour away, so we have a nice pulse on our customers, which allows us to be in front of any new business as well as continue current customer relationships. So it alleviates some of the surprises that may come along in lending. Investors Community Bank in Manitowoc, Wis. IB: Where is Manitowoc?

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

HQ: Milwaukee, Wisconsin. Tags: Consumer, lending, credit, underwriting, crowdfunding, peer-to-peer loan marketplace, investing, P2P. Source: Crunchbase. YieldStreet. Marketplace lender. Latest round: $3.7 million Seed. Total raised: $3.7 HQ: New York City. Source: Crunchbase. Love Will Inc. Blockchain-based financial applications.