Chase formally reenters HELOC business after five years

By: ameer@trustedteam.com

The bank “temporarily” paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.

Read More

New American launches insurance marketplace

By: ameer@trustedteam.com

The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.

Read More

Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending

By: ameer@trustedteam.com

Cade Thompson, chief growth officer at Rocktop Technologies, shared how lenders are reframing cost-cutting efforts and easing fears about AI.

Read More

Rent collections improve slightly, but late payments signal strain

By: ameer@trustedteam.com

Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.

Read More

Beyond Redfin: Zown bets on AI, salaried agents and buyer rebates

By: ameer@trustedteam.com

Zown is banking on a salaried agent model, buyer rebates and real estate agents who specialize as they begin U.S. expansion.

Read More

New-home sales exceed forecast following upward revision

By: ameer@trustedteam.com

Contract signings on new single-family homes ticked down to a 652,000 annualized rate, with the strongest demand in the West, according to a government report issued Monday.

Read More

Expert believes single-close construction loans could solve housing shortages

By: ameer@trustedteam.com

One industry veteran believes brokers learning to do these difficult loans can help them thrive in any environment

Read More

How the ‘old smell test’ can still help brokers battle mortgage fraud

By: ameer@trustedteam.com

Even with all the latest tech, veteran brokers should trust their gut when it comes to fraud

Read More

Trump fires Lisa Cook in latest move to pack Federal Reserve with supporters

By: ameer@trustedteam.com

Trump fired Fed Governor Lisa Cook on Monday, clearing the way for him to nominate someone who supports his push for lower interest rates.

Read More

Even opponents of Biden CRA want to preserve part of the rule

By: ameer@trustedteam.com

Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.

Read More