Home prices went back up across most markets in 3Q

By: ameer@trustedteam.com

The median U.S. home price headed higher in the third quarter, reversing direction from the first half of the year, but wide variations were reported across markets, the National...

Read More

FHFA sets March deadline for community programs at Home Loan banks

By: ameer@trustedteam.com

By issuing guidance on establishing pilot programs to help the underserved just days after proposing reforms at the Home Loan banks, Federal Housing Finance Agency Director Sandra Thompson is...

Read More

Will falling mortgage rates entice potential homebuyers off the sidelines?

By: ameer@trustedteam.com

The biggest question in the minds of loan originators is whether mortgage rates will fall through the end of 2023, providing some reprieve from the high-rate environment that has...

Read More

Bloomberg article is wrong on VA loan forbearance

By: ameer@trustedteam.com

Many mortgage firms around the U.S. spend a great deal of time and money focusing on the needs of veterans at this time of year. Even with lending volumes...

Read More

Why the Fed’s actions may only go so far to support mortgages

By: ameer@trustedteam.com

Federal Reserve officials are likely to keep limiting their mortgage-backed securities activity to runoff the way the industry would like, but that won't necessarily narrow spreads to Treasuries that...

Read More

Texas Capital secures portion of funds it lent to RMF parent

By: ameer@trustedteam.com

Texas Capital Bank (TCB), a warehouse lender for failed reverse mortgage industry lender Reverse Mortgage Funding (RMF), secured a portion of the $28.6 million debtor-in-possession financing it provided to...

Read More

Foundation cuts rates and adds 7-year BTL product

By: ameer@trustedteam.com

Foundation Home Loans has cut rates on its owner-occupied and buy-to-let product ranges and introduced a new seven-year fixed-rate buy-to-let product. The specialist lender has made cuts of up to...

Read More

Construction lifts in September after falling for two months: ONS  

By: ameer@trustedteam.com

Construction output lifted 0.4% in September, after falling for two consecutive months, according to estimates from the Office for National Statistics.   The rise in volumes came solely from a...

Read More

Perenna partners with Mortgage Advice Bureau and Stonebridge

By: ameer@trustedteam.com

Perenna has partnered with Mortgage Advice Bureau and Stonebridge as they prepare their broker panel for launch at the start of 2024. ...

Read More

Furness BS adds resi, landlord and holiday let offers

By: ameer@trustedteam.com

Furness Building Society has launched a range of residential, buy-to-let and holiday let products.   ...

Read More