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A loan program was set up to boost energy efficiency. Instead, it’s being used to build ‘granny flats’ – with subprime [home] loans,” said John Rao. Dailey said the agency has its own compliance staff that reviews every contract prior to funding. He cited an application green nation direct submitted.
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Black Knight’s LoanSphere Empower creates "virtual loan" process – data and analytics to support the entire mortgage and home equity loan lifecycle. empower features integrated digital technology and e-lending capabilities and direct access to Black Knight’s.
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