FCA launches Consumer Duty review in bid to cut rules  

By: ameer@trustedteam.com

The Financial Conduct Authority has set out plans to streamline its rules and lean more heavily on its wide-ranging Consumer Duty guidelines.   The City watchdog says: “We are relying...

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UWM inks deal to name Phoenix arena Mortgage Matchup Center

By: ameer@trustedteam.com

The city-owned venue will promote the broker search website by team owner Mat Ishbia’s mortgage company for 10 years in a $115-million deal.

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Pennymac and Annaly forge new mortgage servicing alliance

By: ameer@trustedteam.com

The partnership centers on a master purchase agreement for a portfolio of mortgage servicing rights that the real estate investment trust is buying.

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Trump eyes firing thousands of federal workers over shutdown

By: ameer@trustedteam.com

“It’s likely going to be in the thousands,” White House press secretary Karoline Leavitt told reporters on Thursday, saying that the “entire team at the White House” was working...

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From rates to reality: why innovative homeownership alternatives matter now

By: ameer@trustedteam.com

Uncover innovative homeownership alternatives as affordability challenges persist. NAR data shows why interest rates aren’t enough. Reimagine the path to property ownership.

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Compass’ acquisition strategy faces new tests after Anywhere deal

By: ameer@trustedteam.com

Steve Murray said acquisitions have worked remarkably well for Compass — but new challenges lay ahead after acquiring Anywhere Real Estate.

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West Capital Lending partners with Mortgage Connections

By: ameer@trustedteam.com

The partnership with the Michigan-based brokerage supports West Capital’s national expansion strategy and deepens its Midwest presence.

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Real estate agent optimism holds steady, but AI adoption slow

By: ameer@trustedteam.com

Nearly half of respondents expect to grow their client base within the next year, with another significant portion projecting flat volume.

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FICO’s new program draws mixed reviews from mortgage market

By: ameer@trustedteam.com

Fair Isaac Corp.’s (FICO) decision to let resellers calculate and distribute its scores directly to lenders drew a mixed response from the mortgage industry.

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Alabama’s housing market reveals a growing affordability divide

By: ameer@trustedteam.com

Alabama’s housing market splits as affordable homes sell fast while pricier listings linger. Discover the impact on buyers and sellers.

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