Non-U.S.-Citizen Share of Borrowers in Non-Agency MBS Rising

By: ameer@trustedteam.com

Performance in the category varies by borrower type.

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Trump asks Supreme Court to remove Fed Gov. Cook

By: ameer@trustedteam.com

President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit...

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Large mortgage lender launches mobile app in Spanish

By: ameer@trustedteam.com

Rate rolled out its Rate App entirely in Spanish Thursday as part of its Language Access Program.

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Radian says hi to specialty insurer, bye to conduit, title

By: ameer@trustedteam.com

Radian undertook a multiyear process that resulted in the $1.7 billion purchase of Inigo, but it’s exiting other businesses outside of mortgage insurance.

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“Yes In God’s Back Yard” Affordable Housing Bill Gains Steam

By: ameer@trustedteam.com

The Yes in God’s Back Yard (YIGBY) Act could increase rental supply and lower housing costs. Here’s how it may help first-time home buyers.

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Household income climbs in some big cities, outweighed by inflation in others

By: ameer@trustedteam.com

Modest income increases failed to keep pace with the roughly 3% inflation rate, meaning many households effectively lost buying power.

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N.S. was aiming for 500 hosts on the home-sharing program that resulted in 60 leases

By: ameer@trustedteam.com

Documents released by Nova Scotia show that a provincial home-sharing program fell far short of the government’s initial target.

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Canadians receiving unemployment benefits highest in three years

By: ameer@trustedteam.com

The number of unemployed Canadians receiving government assistance has reached the highest level since February 2022. 

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Rising expenses driving Canadians to offload U.S. real estate

By: ameer@trustedteam.com

While politics play a role, brokers say rising costs, currency pressures and mortgage realities are the real forces driving Canadians to sell U.S. property — with many looking to...

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Bank stocks rise on Fed’s first rate cut of 2025

By: ameer@trustedteam.com

The Federal Open Market Committee’s decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest...

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