Senior housing wealth has hit a new record at $11.81 trillion

By: ameer@trustedteam.com

Collective housing wealth rose once more in Q3 2022 for homeowners at or over the age of 62. However, the growth in housing wealth for seniors in the third...

Read More

Wells Fargo hints at how it will downsize its servicing portfolio

By: ameer@trustedteam.com

Wells Fargo offered more details about its approach to downsizing its involvement with mortgages during its earnings call, which revealed that its profitability has been halved compared to last...

Read More

Fed survey: Home Loan bank advances are popular liquidity fallback for banks

By: ameer@trustedteam.com

Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the Federal Reserve found.Among banks that are members of the...

Read More

Mortgage pros, quit overcomplicating the task at hand

By: ameer@trustedteam.com

“Dominate The One’s” was born out my appreciation for a tactic that was taught to me some 32 years ago and my frustration with how we in sales try...

Read More

HUD proposes remedy to reduce appraisal bias

By: ameer@trustedteam.com

The Department of Housing and Urban Development is taking tangible measures to wrangle appraisal bias by giving Federal Housing Administration loan applicants the opportunity to challenge a property valuation.It...

Read More

Investing in Distressed Mortgage Notes

By: ameer@trustedteam.com

Performing mortgage notes vs. nonperforming mortgage notes If you’re a real estate investor, you might be interested in learning about performing Mortgage Notes and nonperforming notes. These two types of...

Read More