Hampshire Trust Bank appoints Coleman as lending director

By: ameer@trustedteam.com

Hampshire Trust Bank (HTB) has appointed Alan Coleman as lending director within its development finance division. Coleman joins from West One Loans where he was a portfolio manager. He was...

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Rogers leaves post as Barclays intermediary business director  

By: ameer@trustedteam.com

Barclays intermediary business director Dave Rogers has left the business after 13 years at the bank.   Rogers, who left the lender on Friday, says in a LinkedIn post that...

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The broker who switched from nightclubs to mortgages

By: ameer@trustedteam.com

The broker who switched from nightclubs to mortgages | Mortgage Professional

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Fannie Mae’s chief economist: ‘We don’t expect spreads to come down anytime soon’

By: ameer@trustedteam.com

When mortgage rates blew past the 7% level earlier this year, the securitization market “froze up temporarily,” according to Doug Duncan, senior vice president and chief economist at the government-sponsored enterprise Fannie...

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Inventory growth slows even with higher rates

By: ameer@trustedteam.com

Last year, the seasonal peak for inventory was Oct. 28. Last week, according to Altos Research: Weekly inventory change (Sept. 29-Oct. 6): Inventory rose from  534,746 to 537,032 Same week last...

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UWM announces enhancements to dedicated loan coordinator service 

By: ameer@trustedteam.com

United Wholesale Mortgage, the country’s top mortgage lender, announced an enhancement to its PA+ service on Saturday, allowing brokers and their processors to choose which part of the loan...

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Ask the Expert: Will bad budgeting hinder my equity release application?

By: ameer@trustedteam.com

How will your bank statement impact an equity release application? Mark Gregory of Equity Release Supermarket has some good news for a reader who is worried about their monthly...

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Here’s how wholesale lenders and brokers are navigating near-8% mortgage rates

By: ameer@trustedteam.com

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack...

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Mortgage rates rise as honey badger labor market bites again 

By: ameer@trustedteam.com

The honey badger labor market woke up on Friday and chose violence, biting the legs of any job recession bear it could find. The first reaction from the bond...

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For different people, ‘aging in place’ may mean different things

By: ameer@trustedteam.com

A reverse mortgage is often touted as an efficient product that can help seniors to “age in place,” but the phrase itself may mean different things to different people....

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