What can brokers do when clients say they’re struggling?

By: ameer@trustedteam.com

With pressures on consumers and small businesses rising rapidly because of increasing interest rates and the high cost of living, many broker clients may need hardship assistance. In an MFAA...

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Weak GDP data means Bank of Canada rate hikes could be “over and done”

By: ameer@trustedteam.com

Canada’s economy slowed more than expected in the second quarter, raising the likelihood that the Bank of Canada will leave rates unchanged at next week’s policy meeting. Statistics Canada reported...

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Revolution Mortgage enters reverse, appoints Morris as VP

By: ameer@trustedteam.com

Westerville, Ohio-based national mortgage lender Revolution Mortgage has entered into the reverse mortgage business, and has appointed industry veteran Peter Morris to serve as VP of reverse mortgage lending...

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Home prices may be on the verge of cooling off

By: ameer@trustedteam.com

Home prices in July were 2.3% higher than the same month last year, but the monthly gain was lower than historical averages. Mortgage rates remain stubbornly above 7%. New listings rose...

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How Much Should I Save For My FHA Loan Down Payment?

By: ameer@trustedteam.com

September 1, 2023 How much money should a home buyer save for a down payment? The answer can’t be given in dollars and cents because the amount of your down payment...

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Most leading reverse mortgage lenders delivered a profit in Q2, but what’s next?

By: ameer@trustedteam.com

Most publicly traded companies operating in the reverse mortgage space were profitable in the second quarter of 2023 despite the tumultuous events of late 2022, including a major industry...

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FHA Home Loan Rules And Fair Housing Laws

By: ameer@trustedteam.com

August 31, 2023 We report on Fair Housing cases from time to time, a reminder to those looking for housing that there are federal laws that protect against discrimination in...

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Blog: Taking account of the butterfly effect

By: ameer@trustedteam.com

Sponsored Content  ...

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Leeds, Coventry and MPowered Mortgages reduce mortgage rates

By: ameer@trustedteam.com

Lenders Leeds Building Society, Coventry for Intermediaries and MPowered Mortgages have all announced reductions to their mortgage rates today. Leeds has reduced rates on 26 products across its shared ownership...

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Suffolk BS relaunch 80% LTV mortgages, increase max loan size

By: ameer@trustedteam.com

Suffolk Building Society has raised its maximum LTV back to 80% and increased maximum loan size to £1m. This follows a period where the society’s product range had 50% LTV...

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