RBA’s ‘nightmare’ warning puts property market on edge

By: ameer@trustedteam.com

A fifth rate hike is looming after the RBA has warned inflation was far worse than expected, raising the prospect of a 17-year cash rate high and throwing the...

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Using a Home Equity Loan to Buy Out a Spouse in Divorce

By: ameer@trustedteam.com

Thinking of using a home equity loan to buy out your spouse in a divorce? Learn how a buyout works, why a refinance is often the better…

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Fed Meeting This Week Could Shake Up Mortgage Rates

By: ameer@trustedteam.com

Key Takeaways Markets are watching to see if the Fed changes course on rates Mortgage rates are currently averaging 7.32% for a 30-year fixed Watch for changes in the...

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Slightly lower mortgage rates finally pause slide in housing demand

By: ameer@trustedteam.com

Rates fell toward 7.30% as the 10-year yield dipped below 5% in a wild week for the bond market

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CBC Sees FHA DPA Growth Amid Affordability Woes

By: ameer@trustedteam.com

CBC Mortgage Agency has seen its downpayment assistance program for FHA borrowers increase over the last decade, and expects borrowers will continue to seek assistance.

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Top Ginnie Servicers Increase Portfolios in Third Quarter

By: ameer@trustedteam.com

Eight of the top 10 Ginnie Mae servicers had bigger portfolios at the end of September than at the midway point in the year. (Includes four data tables.)

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FHA Expects Alt Credit Scores to Improve Modeling

By: ameer@trustedteam.com

VantageScore 4.0 and FICO 10T will help save FHA money by improving its loan modeling, said Commissioner-nominee Matt Jones.

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LMG plugs asset finance CRM into AI

By: ameer@trustedteam.com

Loan Market Group has plugged its asset finance CRM into artificial intelligence, opening the door for brokers to work through conversational prompts rather than manual data entry.

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NGM Group completes major cloud migration following merger

By: ameer@trustedteam.com

The mutual now behind Greater Bank and Newcastle Permanent has completed a migration of its core banking ecosystem to the cloud, decommissioning around 30 per cent of its technology...

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