Rics appoints Young as new CEO

By: ameer@trustedteam.com

The Royal Institution of Chartered Surveyors (Rics) is appointing Justin Young, as Chief Executive Officer.  He will take up his post as CEO on 5 July 2023 replacing  Richard...

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Majority of homeowners worry over BoE rate hike: Octane  

By: ameer@trustedteam.com

More than half of homeowners worry that their mortgages will rise if the Bank of England hikes the base rate for the 13th time in a row this week,...

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Mortgage points may help home buyers lower monthly costs amid high interest rates

By: ameer@trustedteam.com

Interest rates are expected to stay high for the foreseeable future, which has made mortgages more expensive. Experts say there's a strategy that can help homebuyers reduce monthly costs. More homebuyers...

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Opinion: Ginnie Mae cash window would help lenders, borrowers

By: ameer@trustedteam.com

The Government National Mortgage Association – also known as Ginnie Mae – is a remarkable innovation and a proven success.  As the Ginnie Mae web site notes: “When the surge...

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Ex-employee sues CrossCountry, branch manager for sexual harassment, retaliation

By: ameer@trustedteam.com

A representative for CrossCountry and Christina Nielsen’s attorney did not return a request for comments. Bocca and Nielsen did not respond to interview requests.  The lawsuit states that Nielsen filed...

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SimpleNexus integrates with Empower, Black Knight’s LOS

By: ameer@trustedteam.com

SimpleNexus, a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from...

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MBA defends servicers on heels of HUD OIG loss mitigation report

By: ameer@trustedteam.com

The Mortgage Bankers Association (MBA) is highlighting the challenges and successes that the COVID-19 pandemic created for mortgage servicers in response to a series of reports published this week...

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CFPB commits to streamlining servicing rules

By: ameer@trustedteam.com

Some of the consumer protection regulations that govern how mortgage companies offer borrowers home-retention options will be simplified in line with responses to a proposal issued last September."The CFPB...

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Rhode Island law makes mediation upon request a permanent mandate

By: ameer@trustedteam.com

Left to right: Leonela Felix, Dawn Euer Rhode Island enacted a new law this week to make permanent a requirement that servicers provide sufficient mediation and loss mitigation...

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Nearly 30% of households need to reassess retirement income needs

By: ameer@trustedteam.com

Most U.S. households understand where they stand in terms of retirement readiness and preparation, but just under half are either too worried or not worried enough about shoring up...

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