Banking leaders hope First Republic deal ends seven-week crisis

By: ameer@trustedteam.com

The demise of Silicon Valley Bank on March 10 was followed by the collapse of Signature Bank on March 12. And on Monday, First Republic became the third bank...

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NRMLA voices support for FHA ADU rental income proposal

By: ameer@trustedteam.com

The National Reverse Mortgage Lenders Association (NRMLA) submitted comments to the Federal Housing Administration (FHA) in support of its draft Mortgagee Letter (ML) that would allow accessory dwelling units...

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RMF bankruptcy liquidation plan approved by Delaware court

By: ameer@trustedteam.com

Reverse Mortgage Investment Trust (RMIT), parent company of former reverse mortgage industry lender Reverse Mortgage Funding (RMF), was approved for a bankruptcy liquidation plan by Judge Mary Walrath of...

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RBA goes back on inflation attack with rate hike

By: ameer@trustedteam.com

The Reserve Bank of Australia has put further pressure on mortgage borrowers with a decision today to press ahead and raise the official cash rate by an additional 25...

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Nationwide survey indicates UK house prices stabilising

By: ameer@trustedteam.com

UK house prices rose by 0.5% in April after falling for seven consecutive months, Nationwide reveals in its latest house price survey. ...

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‘Squeezed middle’ suffers protection shortfall: Hargreaves Lansdown  

By: ameer@trustedteam.com

Only 44% of households have enough life cover to protect their family – but even this falls to 35% of households with a mortgage, says Hargreaves Lansdown.   ...

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Catalyst brings back 80% LTV option

By: ameer@trustedteam.com

Catalyst is returning to 80% LTV specialist bridging. Previously, the lender had reduced its LTV limits to 75% in response to market conditions. ...

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UTB hands Kidby senior bridging role

By: ameer@trustedteam.com

United Trust Bank (UTB) has promoted Becky Kidby to head of regulated underwriting – bridging finance. ...

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Return of Help to Buy will inflate housing market: Brokers 

By: ameer@trustedteam.com

Early government plans to bring back Help to Buy have been slammed by brokers as a recipe for inflating house prices and benefitting housebuilders.  ...

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Growth in Asia will continue to be quite robust, DBS Bank says

By: ameer@trustedteam.com

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Piyush Gupta of Singapore's largest lender discusses growth forecasts for mainland China, Hong Kong, India and Indonesia. 03:57 Tue,...

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