Property tax revenue growth surges over two years

By: ameer@trustedteam.com

 Property tax revenue jumped 11.6% annually at the end of the third quarter, as surging home values earlier this decade added to state and local coffers, according to the...

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New York’s housing initiative to use private and public funding

By: ameer@trustedteam.com

New York City's latest affordable housing initiative looks to combine government sources along with private finance in order to build the mixed-income multifamily rental units it's looking to create.The...

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Deb Jones on why 2024 could be a ‘transition year’

By: ameer@trustedteam.com

Deb Jones, senior vice president, director of mortgage secondary and capital markets, Citizens, has been through a lot of business cycles during her long tenure as a housing finance...

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Mortgage on U.S. retail centers secures $380.6 million CMBS

By: ameer@trustedteam.com

Notable concerns for the DTP Commercial Mortgage Trust 2023-STE2 transaction include AMC tenant exposure within the top three properties in the portfolio.Ian Dewar/IanDewarPhotography - stock.adobe.com Commercial mortgage pass-through...

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Stratton Mortgage Funding raises £1.06 billion ($1.36 billion) in RMBS

By: ameer@trustedteam.com

Adobe Stock Stratton Mortgage Funding 2024-1 PLC is issuing loan notes to refinance Stratton Mortgage Funding 2021-2 PLC, which closed in February 2021.The transaction is a securitization of...

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What To Ask A Lender When Shopping For A Mortgage in 2024

By: ameer@trustedteam.com

December 27, 2023 First time home buyers often have plenty of questions to ask a lender. Below we examine some of the key issues to consider when you compare financial...

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What should be on a loan officer’s to-do list going into 2024

By: ameer@trustedteam.com

'Tis the season to work a little harder. While many professionals are taking a break and spending time with family and friends during the holidays, industry stakeholders urge loan...

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How loan originators survived a cutthroat mortgage business in 2023

By: ameer@trustedteam.com

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer.  “This...

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J.P. Morgan Mortgage Trust issues $257.8 million RMBS for second lien HELOCs

By: ameer@trustedteam.com

Interest on a fixed pool of prime HELOCs is the collateral for pass-through certificates issued by J.P. Morgan Mortgage Trust 2023-HE3 (JPMMT Trust 2023-HE3). United Wholesale Mortgage and loanDepot.com are...

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Basel III endgame: 5 things to watch in 2024

By: ameer@trustedteam.com

Michael Barr, vice chair for supervision at the Federal Reserve, left, shakes hands with Martin Gruenberg, chair of the Federal Deposit Insurance Corporation at a Senate Banking hearing in...

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