Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit

By: ameer@trustedteam.com

Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which alleges that the government-owned company “extinguished,...

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Why private capital should be allowed to provide liquidity to Ginnie Mae servicers

By: ameer@trustedteam.com

Servicers of Ginnie Mae mortgages have been under the regulatory microscope, with concerns about their liquidity attracting significant attention, including from the Financial Stability Oversight Council. Yet the discussion...

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How a Tennessee credit union uses generative AI to foster fair lending

By: ameer@trustedteam.com

Jenny Vipperman (left), president and chief executive of ORNL Federal Credit Union, and Mike de Vere (right), CEO of Zest AI. “The reason that we exist as a not-for-profit...

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Fed: Inflation, policy uncertainty are top financial stability concerns

By: ameer@trustedteam.com

The Federal Reserve's latest semiannual financial stability report — a survey of financial professionals — found inflation and high interest rates to be respondents' top concern. But policy uncertainty...

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Mortgage Borrowers At Risk In 2024?

By: ameer@trustedteam.com

April 18, 2024 Are FHA mortgages and other types of mortgages riskier in 2024? The answer may be YES thanks to a currently elevated potential for mortgage fraud initiated by...

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Rosemount appoints Contractor Financial as new AR

By: ameer@trustedteam.com

Rosemount Financial Solutions (IFA), the mortgage and protection network, has announced the appointment of Contractor Financial as an Appointed Representative (AR). Contractor Financial has been established by Billie Davoile and...

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Labour sets out golden rules to boost homes with grey belt development   

By: ameer@trustedteam.com

Labour leader Keir Starmer has set out plans to build on “ugly grey belt land” to boost housebuilding, boost infrastructure and increase green spaces.   He says the party will release areas for development currently classed as green belt land, should...

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HLPartnership hires sales manager for the North

By: ameer@trustedteam.com

HLPartnership has appointed Jason Whiteley as regional sales manager for the North. Whiteley joins from Just Mortgages self-employed division where he was an area director for more than five years. He...

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Together cuts rates across range by up to 205 bps

By: ameer@trustedteam.com

Together has reduced rates across its first charge, second charge and consumer buy-to-let range by up to 205 basis points. ...

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Jump in sales of £5millon-plus London homes: LonRes

By: ameer@trustedteam.com

Sales of prime London properties for £5m and above were up by more than 15% in March compared to the same month last year, according to the LonRes index. High-value...

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