Fewer homes will take a price cut in spring 2024

By: ameer@trustedteam.com

Traditionally, one third of all homes get a price cut before they sell and when demand gets weaker, this percentage increases, which we saw in 2022 when prices were...

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Pennymac TPO hires former Citizens Bank mortgage executive

By: ameer@trustedteam.com

California-based Pennymac Financial Services has hired Kristy Dickey, a former executive at Citizens Bank, as first vice president of TPO sales. Dickey will be responsible for growing the lender’s broker...

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CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages

By: ameer@trustedteam.com

The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to come to terms on certain spending...

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Don’t Make These Home Loan Mistakes

By: ameer@trustedteam.com

January 5, 2024 Buying a home for the first time is stressful, but there are things you can do as a first-time buyer that will help. Avoid these big mistakes...

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G-Rate sues NAF over poaching, alleges violation of LO comp rule 

By: ameer@trustedteam.com

Top-10 mortgage lender Guaranteed Rate has filed a lawsuit against retail rival New American Funding over poaching. But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has...

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Understanding the Smith Manoeuvre: a Canadian mortgage strategy decoded

By: ameer@trustedteam.com

For nearly four decades, Canadians have turned to an investment strategy of writing off the interest from mortgage payments as tax-deductible. Known as the Smith Manoeuvre—after its creator, financial planner...

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Capital city home prices decrease for the first time in over a year

By: ameer@trustedteam.com

Capital city home prices decrease for the first time in over a year | Australian Broker News

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WA government provides loans for struggling home builders

By: ameer@trustedteam.com

WA government provides loans for struggling home builders | Australian Broker News

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Mortgage market set to continue growth in 2024

By: ameer@trustedteam.com

Mortgage market set to continue growth in 2024 | Australian Broker News

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Would you let generative AI select your mortgage plan?

By: ameer@trustedteam.com

Would you let generative AI select your mortgage plan? | Australian Broker News

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