Ocwen Financial reveals major board reshuffle

By: ameer@trustedteam.com

Ocwen said that combining the chair of the board and CEO positions, along with appointing a lead independent director, is the appropriate structure for the company as it helps...

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Fed rate hikes: How high will they go?

By: ameer@trustedteam.com

The US Fed has rate decisions slated for Feb. 1, March 22 and May 3, with expectations that more hikes are slowly coming to an end based on inflation...

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SBI adds 50% LTV product and relaunches BTL fixes

By: ameer@trustedteam.com

State Bank of India UK (SBI) has relaunched its fixed rate buy-to-let (BTL) products and introduced a new loan-to-value (LTV) band of 50%. The reintroduced products will be on offer...

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Liberty Reverse parent company Ocwen names Glen Messina as board chair

By: ameer@trustedteam.com

Ocwen Financial Corporation (NYSE: OCN), parent company of top 10 lender Liberty Reverse Mortgage, announced this week that its president and CEO, Glen Messina, has been named chair of...

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New listings off to a relative soft start in 2023

By: ameer@trustedteam.com

After a lacklustre listings season through spring and early summer in 2022, early indicators have suggested the flow of new listings this year are starting relatively softly, according to...

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Broker helps clients invest in volatile market

By: ameer@trustedteam.com

A Melbourne mortgage broker is on a mission to help his investor clients turn their property dreams into a reality by making calculated financial decisions.  Suvidh Arora (pictured above), founder...

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Exposed: the Perth suburbs where one in every five homes sits empty

By: ameer@trustedteam.com

One in every five homes in Perth’s inner suburbs sit empty – this despite the state’s rental crisis and the nearly 19,000 applicants on a public housing wait list. According...

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Lifestyle markets – one to watch as popularity spikes

By: ameer@trustedteam.com

Lifestyle locations across the country are growing in popularity as city buyers opt for a tree or sea change. The Whitsunday Islands property market in North Queensland is one to...

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The latest in mortgage news: Arrears rate rises from its all-time low

By: ameer@trustedteam.com

Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association. The arrears rate, which tracks mortgages that are behind...

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Weekly mortgage demand jumps 7% as interest rates drop to lowest level since September

By: ameer@trustedteam.com

Mortgage interest rates fell for the third straight week, while mortgage demand rose again. Total application volume increased 7% last week compared with the previous week, according to the Mortgage...

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