New research suggests link between older age and mortgage application rejection

By: ameer@trustedteam.com

There is a link between the higher age of a prospective mortgage borrower and the potential rejection of that client’s application. However, the details of the correlation do not...

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Are reverse mortgage industry changes happening more quickly?

By: ameer@trustedteam.com

The only constant in the world is change, a rule that is also true of the reverse mortgage industry — as evidenced by how many regulatory changes are handed...

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Black homeownership much lower than population share

By: ameer@trustedteam.com

Black homeownership rates in each of the nation's 50 largest metro areas has been smaller than population share in those regions, a LendingTree study recently found.The disparity was greater...

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Commercial property market freezes, sending bond volume plummeting

By: ameer@trustedteam.com

Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Only about $4.27 billion...

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Figure partners with NovaWulf on proposed reorg of crypto lender Celsius

By: ameer@trustedteam.com

Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. The partnership was made public by Figure...

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A credit union teams with HGTV house flippers to revitalize Detroit

By: ameer@trustedteam.com

Keith Bynum, left, and Evan Thomas, co-hosts of HGTV's "Bargain Block", are partnering with Community Financial Credit Union. "Anything that can encourage more investment in these communities, I think,...

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How do you choose a conveyancing lawyer?

By: ameer@trustedteam.com

You’ve found the perfect home, had your offer accepted and your mortgage is sorted. Now work begins to find a solicitor – known as a conveyancer – to do...

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The homebuilders got lucky this time

By: ameer@trustedteam.com

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a...

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Foundation cuts rates by up to 180bps and adds discount products

By: ameer@trustedteam.com

Foundation Home Loans has lowered rates across its owner-occupier and buy-to-let (BTL) product ranges. In the owner-occupier range, Foundation has made rate reductions of up to 150 basis points (bps)...

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Ginnie Mae reduces minimum size required for HMBS pools

By: ameer@trustedteam.com

Ginnie Mae announced on Thursday that it has reduced the required minimum size from $1,000,000 to $250,000 for all Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) pool types, according...

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