Director Pulte should be focused on the real mission of the FHFA

By: ameer@trustedteam.com

The Federal Housing Finance Agency director should spend less time on partisan attacks and social media posting, and more on trying to resolve the housing crisis.

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Stephen Miran confirmed to Fed board

By: ameer@trustedteam.com

The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank’s rate setting committee meeting.

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Comment: A mortgage guarantee scheme is the wrong tool

By: ameer@trustedteam.com

The Labour Party’s Freedom to Buy pledge grabbed headlines when the new administration came to power a year ago. But, when it comes to genuinely helping first-time buyers (FTBs),...

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Appeals court rejects Trump’s bid to remove Cook from Fed

By: ameer@trustedteam.com

A panel of DC Circuit Court judges ruled late Monday that the president had not met the stringent statutory requirements to block a lower court injunction, which allowed Federal...

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SDKA launches its first bridge-to-term deal

By: ameer@trustedteam.com

Bridging lender SDKA has launched its first ever bridge-to-term product. The loan can be secured against residential and semi-commercial properties and is available for up to 36 months. Pricing...

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FTB’s favouring semi-detached homes and long-term deals: Barclays

By: ameer@trustedteam.com

Semi-detached properties rose in popularity in August, accounting for 33.5% of first-time buyer purchases, up 1.7% year-on-year. Meanwhile flats declined in popularity by 2.7 %, accounting for a fifth...

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Chetwood hires new BDM and joins trade body

By: ameer@trustedteam.com

Chetwood Bank has appointed Meg Macdonald as business development manager for the South East and joined the Bridging & Development Lenders Association as an associate member. Macdonald joins Chetwood...

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HTB strengthens specialist mortgages and bridging finance teams

By: ameer@trustedteam.com

Hampshire Trust Bank (HTB) has announced a series of new appointments and  promotions across its specialist mortgages and bridging finance divisions. Russell Harvey has joined the specialist mortgages division...

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Simplybiz-owner Fintel lifts acquisitions fund to £120m  

By: ameer@trustedteam.com

Simplybiz Mortgages-owner Fintel has lifted its warchest to £120m to “support growth and acquisitions” across its software and business support services units.   The Aim-listed group said it raised...

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AVM testing under fire: New methodology challenges industry norms and raises risk for lenders

By: ameer@trustedteam.com

The reliability of Automated Valuation Models (AVMs) has been thrust into the spotlight in recent weeks, following groundbreaking changes in the way these models are now being tested. The...

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