How to become a loan officer in Texas

By: ameer@trustedteam.com

How much a loan officer makes depends on where they work. Some mortgage loan officers make a flat salary, while others make a salary plus commission. Typically, commissions are...

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Americans are moving toward climate danger in search of cheaper homes

By: ameer@trustedteam.com

A midsummer quiz: Let's say you read about an area experiencing blistering heat for weeks on end. Heat so hot that in the day, you can't go outside, and at nighttime it's still above...

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Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer

By: ameer@trustedteam.com

Before the 2008 housing crisis, home sellers would offer DPA to FHA borrowers and raise the sales price to cover the cost, creating exaggerated losses for the FHA program. The...

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Recession becomes closer call as economists rethink forecasts

By: ameer@trustedteam.com

Some of the forecasters who were first out of the box to predict a U.S. recession are starting to hedge their bets as inflation ebbs and the economy remains...

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‘Nonbank SIFI designations would be ill-suited for servicers’

By: ameer@trustedteam.com

Mortgage and housing trade groups this week pushed back against a Financial Stability Oversight Council proposal aimed at reverting its review process to one in which it would be...

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Serving up solutions

By: ameer@trustedteam.com

Serving up solutions | Mortgage Professional

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One-in-five Americans don’t believe they’ll ever retire

By: ameer@trustedteam.com

A new poll jointly conducted by news organization Axios and polling company Ipsos revealed that one-in-five respondents — or 20% — believe they will never have the opportunity to...

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‘Gasps in the room’ at reverse mortgage event addressing appraisal bias

By: ameer@trustedteam.com

The issue of appraisal bias — where home valuations can come out differently based on individual traits of a homeowner, such as race or age — is top-of-mind for...

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Another Federal Reserve interest rate hike may be coming. Here are 5 ways it could affect you

By: ameer@trustedteam.com

The Federal Reserve will likely raise its target federal funds rate at its meeting next week. Since March 2022, the central bank has hiked its benchmark rate 10 times to a targeted...

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Will Your FHA Home Loan Be Approved?

By: ameer@trustedteam.com

July 21, 2023 Will your FHA home loan be approved or denied? There are several reasons why your loan application could be turned down, and some of those reasons have...

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