Gated Communities

A wide variety of people shop at Walmart, including underserved borrowers. Now they can get access to mortgage solutions where they frequently shop and get financial advice directly from their lender.

Is it too early to talk to Gen Z? What about their student debt, low credit, and unrealistic expectations? Rajin Ramdeholl, a top-producing MLO who has tons of experience working with Gen Z, addresses these misconceptions and tells us this generation is a lot more financially savvy than you think.

Is Boston as racist and segregated as everyone says it is? We brought on Dave Wood, a Black realtor working in the Greater Boston area, to share his experiences and thoughts on the matter.

Black borrowers have enormous spending power — $1.6 trillion, collectively — but own the lowest amount of asset-earning products. All they need are experts like you to guide them on how to build their credit and achieve generational wealth.

Home ownership is supposed to lead to wealth creation. University of Tennessee-Knoxville Assistant Professor of Finance Ashleigh Eldemire says even there, disparities exist. Her study of low-income buyers using HUD vouchers found white homeowners accumulated wealth faster than Black households. But originators can help close that gap. Link to study: https://academic.oup.com/rcfs/article/11/3/465/6...

In part two of Yanira's interview we discuss how to establish a relationship with the Latino community. By now some of you may be wondering "What if I can't speak Spanish?" or "What if they don't find me relatable?" Yanira tells us how you can build or train your team to capture more of this growing demographic, and shares tips on how to build trust with the community. Mentioned in this episode: P...

Do you watch shows like Million Dollar Listing, Selling Sunset, or Property Brothers? Well how about a show called Yanira’s World, in which Latina real estate mogul Yanira Suarez helps under served Latino borrowers find their dream homes. If you’re wondering how to establish a relationship with the fastest fastest growing demographic of first-time home buyers (Latinos), then this reality star has...

Director of Government Affairs at CBC Mortgage,Tai Christensen, explains how redlining trends have transformed over the years — from the 1930's up until today —  but remain just as detrimental to the Black community. Tai tells us what modern-day redlining looks like, what the current barriers to home ownership are for Black Americans, and the difficulties behind being a first-generation...

Luis Vasquez, a Scholar of Law at the Williams Institute, shares developing research on the discrimination of LGBTQ+ borrowers. His study shows us that LGBTQ+ members experience a 3% to 8% lower approval rate and they are often charged higher interest rates on their mortgages. Yet, there is no evidence that suggests LGBTQ+ borrowers are more risky than heterosexual borrowers. Mentioned in this epi...

John Paasonen, co-founder of Maxwell, joins the show to talk about helping underserved borrowers in your community. He says local lenders are better situated than big banks to help local borrowers. And one way to do that is by expanding a borrower's credit box.  Mentioned in this episode: Pennymac TPO Outro OrginatorConnect.com_Matt Pennymac TPO Intro

Host Katie Jensen is joined by Tenisha Tate-Austin, a Bay Area borrower who made headlines when a second appraisal on her home netted nearly half a million dollars more than the first... But only after removing any evidence that her Black family lived there. Austin shares how it felt to whitewash her home— the practice of replacing photos of her own family with those of a white family to increase...

Picture your dream home. Now look down. There's a bright red line keeping you out. The American Dream remains only a dream for our underserved borrowers. Join host Katie Jensen, Staff Writer for American Business Media, as we dive into redlining and the legacy of discrimination.  You’ll hear first-hand accounts from those who’ve had to fight back to achieve their dreams. And we’ll challe...