This growing IMB aims to capture leads through its proprietary tech, not agent referrals

By: ameer@trustedteam.com

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. And it’s looking to expand. The New York-based independent bank exceeded its 2022 production...

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Opinion: Who will buy the mortgages?

By: ameer@trustedteam.com

The question many in capital markets have been asking since the GSEs were put into conservatorship is this: Without Fannie, Freddie, or the Fed, who will buy the agency...

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Mortgage Choice unveils FY24 national partner

By: ameer@trustedteam.com

Mortgage Choice’s charitable arm, the Mortgage Choice Charity Foundation, has selected anti-bullying organisation, Dolly’s Dream, as its national partner for the 2024 financial year. Dolly’s Dream is committed to changing...

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The value of Australia’s housing rebounds to $10 trillion – but how?

By: ameer@trustedteam.com

The value of Australia’s housing has rebounded to $10 trillion in August, due to a combination of higher values, with the median home value hitting $732,886 at the end...

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Join the Young Guns at this year’s Australian Mortgage Awards

By: ameer@trustedteam.com

Brokers are being urged to join this year’s Young Gun excellence awardees at the 2023 Australian Mortgage Awards (AMAs) on Friday, October 13. Hosted by comedian Merrick Watts (pictured above ...

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FDIC admits oversight shortcomings in First Republic Bank’s collapse

By: ameer@trustedteam.com

The Federal Deposit Insurance Corp. said in a report Friday that it failed to adequately assess interest rate risk and risks associated with rapid growth and uninsured deposits in...

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Freddie Mac looking for new CEO at critical juncture

By: ameer@trustedteam.com

Freddie Mac CEO Michael DeVito will be retiring during the first quarter of 2024, after a nearly three-year tenure during which the government-sponsored enterprise built up capital but failed...

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Multifamily starts fall to under half of the previous two-year average

By: ameer@trustedteam.com

Multifamily construction starts fell to less than half of typical recent norms during the second quarter and will likely cause rents to rise over the next two years, a...

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Apartment rents are on the verge of declining due to massive new supply

By: ameer@trustedteam.com

Rents in August were just 0.28% higher than August 2022, according to RealPage. Compare that to a year ago, when rents were posting 11% annual growth. The number of new units...

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Buying A Home With A Refinance Strategy

By: ameer@trustedteam.com

September 8, 2023 For some, buying a home in 2023 is a bad idea. At least, that is the impression some get when looking at today’s high interest rates in...

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