How analysts see 2024 shaping up for mortgage lenders

By: ameer@trustedteam.com

Kyle Joseph, a specialty finance equity research analyst at Jefferies, believes that the worst of the current mortgage cycle may be behind us, a sentiment shared by most analysts...

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The 2023 housing market bent, but didn’t break

By: ameer@trustedteam.com

As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike cycle that disproportionately impacted the U.S....

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FHA Loan Prep Versus Holiday Spending

By: ameer@trustedteam.com

December 22, 2023 House hunters who want a home in the new year, have many financial issues to worry about. One seasonal issue is holiday spending, and if you overextend...

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Delinquencies up near-term but historically low ahead of ’24

By: ameer@trustedteam.com

Government-backed loans can be an early indicator of mortgage stress because borrowers tend to have less of a financial buffer against hardships than others, and in that regard Intercontinental...

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Brookfield Property’s debt cut to junk by S&P

By: ameer@trustedteam.com

Brookfield Property Partners' issuer credit rating was cut to junk and put on a negative outlook by S&P Global Ratings as the real estate investors' credit quality deteriorates amid...

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Guaranteed Rate’s Kate Amor on a bespoke tech approach

By: ameer@trustedteam.com

HousingWire Editor in Chief Sarah Wheeler sat down with Kathryn Amor, senior vice president and head of enterprise products at Guaranteed Rate, to talk about the intersection of product...

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Dovenmuehle Mortgage to lay off several hundred in Illinois

By: ameer@trustedteam.com

Dovenmuehle Mortgage, a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year.  The company has decided to cut 212...

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Mortgage rates continue trending down before Christmas

By: ameer@trustedteam.com

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly...

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ANZ announces non-exec appointment

By: ameer@trustedteam.com

The major bank has announced the appointment of a non-executive director to the boards of Australia and New Zealand Banking Group. ...

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Aussies tighten wallets this festive season

By: ameer@trustedteam.com

According to the latest spending data provided by NAB and the Commonwealth Bank (CBA), Australians are making astute decisions to stretch their money further this Christmas amid the escalating...

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