Fannie Mae shuffles leadership team, names acting CEO

By: ameer@trustedteam.com

Almodovar out as mortgage giant announces new appointments

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Fannie Mae names Peter Akwaboah as acting CEO

By: ameer@trustedteam.com

Fannie Mae appoints Peter Akwaboah as acting CEO, marking a significant leadership change as current CEO Priscilla Almodovar departs.

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CIBC’s Ben Tal: Canada is in a ‘per-capita recession’ and needs rate cuts now

By: ameer@trustedteam.com

Ben Tal says Canada’s economy is in a per-capita recession and that rate cuts are needed fast to thaw a “frozen” housing market.

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Motion for City of Vancouver to create new rental housing corporation fails

By: ameer@trustedteam.com

A motion on the recommendation that Vancouver city council create a new corporation tasked with developing an estimated 4,000 units of rental housing on six city properties has failed...

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Zions is ‘confident’ in credit despite Wall Street battering

By: ameer@trustedteam.com

Following a $60 million credit hit, the Salt Lake City bank said that it hasn’t found any other related problem loans.

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BofA treating gov’t. shutdown like natural disaster: CEO

By: ameer@trustedteam.com

Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at...

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Spotlight Series: Joanna Black on navigating Australia’s asset finance sector

By: ameer@trustedteam.com

‘As brokers we need to continually lift our game if we want to remain relevant,’ she says

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Westpac loses WFH case against mortgage staff member

By: ameer@trustedteam.com

Two days a week in the office policy could suffer a big hit after FWC ruling

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Inflation unexpectedly sticks at 3.8% in September: ONS

By: ameer@trustedteam.com

UK inflation unexpectedly remains at 3.8% in September, the Office for National Statistics reveals. Transport made the largest upward contribution to the monthly change, while recreation and culture, and...

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Celebrating Canada’s 2025 Mortgage Hall of Fame inductees

By: ameer@trustedteam.com

This week, members of Canada’s mortgage industry united to celebrate the inspiring accomplishments of this year’s Mortgage Hall of Fame inductees.

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