News and Insight for Financial Institutions

July 2023

Name: The Servion Group
Address: 500 Main Street, New Brighton, Minnesota, 55112, US
Telephone: 651-631-3111

Evolve, Adapt, Thrive: Navigating the Lending Transformation - Lending Conference 2023

Join us as we unveil a transformative journey, guided by our theme: "Evolve, Adapt, Thrive: Navigating the Lending Transformation."

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Preventing and Detecting Bias in Appraisal Valuation Practices

Discrimination and bias in residential mortgage lending appraisal valuation practices undermine fairness and equal opportunity in the housing market. Appraisal bias can lead to unfair lending practices, resulting in disparities in access to homeownership and perpetuating socioeconomic inequalities. To combat this issue, lenders must take proactive measures to prevent and detect such bias. That’s why we’ve compiled actionable recommendations for you that can make a real difference in preventing and detecting bias in residential mortgage lending appraisal valuation practices.

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Education’s Role in Building Mortgage Business

In the dynamic world of mortgage lending, even though the purchase market is slow due to limited inventory, it remains an extremely competitive market to acquire and retain borrowers. This is where educating your borrower sets you apart and establishes you as a trusted advisor. At Servion Mortgage, we understand the importance of education and strive to assist your borrowers throughout the entire process.

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The Servion Group's Partner Update - July 2023

We are thrilled to welcome our newest partners and grow all relationships with existing ones.

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