More homeowners are forgoing property insurance

By: ameer@trustedteam.com

As the United States has had to deal with an accelerating pace of extreme weather events and natural disasters — playing out most recently in coastal or island areas...

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The impacts of home price appreciation, rate increases on reverse mortgages

By: ameer@trustedteam.com

Home price appreciation is a critical metric when gauging the health and penetration rate of the reverse mortgage product, and the Federal Housing Finance Agency (FHFA)’s house price index...

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ASIC warns lenders about financial hardship measures

By: ameer@trustedteam.com

ASIC has penned an open letter to lenders calling on them to support customers experiencing financial hardship. The letter was sent to 30 banks, credit unions, buy now pay later...

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Inflation slows, housing costs continue to rise

By: ameer@trustedteam.com

The monthly Consumer Price Index (CPI) indicator rose 4.9% in the 12 months to July 2023 down from 5.4% in June, according to the latest data from the Australian...

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Better sued for $1.8 million over advertising payments

By: ameer@trustedteam.com

A major publisher claims Better Home & Finance hasn't paid over $1.8 million from ad placements late last year across brands such as Investopedia, Martha Stewart, and Southern Living. A...

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House price growth eases to lowest since 2012: Zoopla  

By: ameer@trustedteam.com

UK annual house price growth slowed to 0.1% this month, the lowest rate for 11 years as high mortgage rates bite into the industry, data from Zoopla shows.   ...

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Bank accused of redlining says DOJ unfairly linked it to a race atrocity

By: ameer@trustedteam.com

A community bank in Oklahoma is upset over the Department of Justice's characterization of the redlining settlement the two parties entered into Monday. Endeavor Moore Media - stock.ado ...

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Mortgage demand finally ticks up

By: ameer@trustedteam.com

Mortgage applications for home purchases and refinances increased for the first time in five weeks but remain at low levels. For the week that ended Aug. 25, mortgage applications...

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SEC probes Change Company over MBS sold to Wall Street

By: ameer@trustedteam.com

The U.S. Securities and Exchange Commission is probing The Change Company, a California lender that pledges to promote homeownership in underserved communities, over its mortgage-backed securities, according to people...

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ICE’s Black Knight purchase to close on Sept. 5

By: ameer@trustedteam.com

Intercontinental Exchange's acquisition of Black Knight should close on Sept. 5 following the parties entering into a consent order with the Federal Trade Commission.This latest agreement was announced after...

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