Fed poised for two more 2025 rate cuts, economists say

By: ameer@trustedteam.com

Analysts expect the Fed to lower rates again by year-end amid persistent inflation and job market worries

Read More

Mortgage brokers could capture more market share as lenders cast a wider net

By: ameer@trustedteam.com

Is the wholesale space set for a boom in the coming years?

Read More

US banks’ private credit exposure nears $300 billion: Moody’s

By: ameer@trustedteam.com

Banks’ loans to non-bank lenders have surged, reshaping risk and competition

Read More

Fannie Mae shuffles leadership team, names acting CEO

By: ameer@trustedteam.com

Almodovar out as mortgage giant announces new appointments

Read More

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.

Read More

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.

Read More

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...

Read More

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.

Read More

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...

Read More

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

Read More