Fitch downgrades Finance of America on losses in strategic shift

October 21, 2023by

The costs of Finance of America's repositioning have led Fitch Ratings to make a downward revision to the company's...

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As the US population ages, Seattle assesses its ability to evolve

October 21, 2023by

If it hasn’t become clear already, the U.S. population is aging at an accelerated rate when compared with prior...

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Reverse mortgage executives on how to navigate soaring rates

October 21, 2023by

Sky-high mortgage rates have made it difficult for industry pros to connect with new and existing borrowers. Refinance business...

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OSFI report reveals largely unknown mortgage exemption: no stress test on insured switches

October 21, 2023by

Many in the mortgage industry reacted with surprise after learning about a little but very important nugget buried in...

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The 10-year Treasury yield just crossed 5% for the first time since 2007. What that means for you

October 21, 2023by

The yield on the benchmark 10-year Treasury note, a key barometer for mortgage rates, auto loans and student debt,...

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LendInvest launches new loans unit  

October 20, 2023by

LendInvest has launched a business division focused on its residential, landlord and bridging customers.   The digital lender says its...

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Bridging levels cool as mainstream market steadies

October 20, 2023by

After having a big impact on the housing market at the start of the year, bridging lending slowed to...

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Castle Trust Bank raises title insurance limit to £3m  

October 20, 2023by

Castle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to...

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Castle Trust Bank lifts title insurance maximum to £3m  

October 20, 2023by

Castle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to...

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Lords committee to analyse accountability of regulators

October 20, 2023by

An inquiry will be held to scrutinise the relationship between regulators and the government. The House of Lords Industry and...

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