UMortgage loan officers accused of violating noncompete

By: ameer@trustedteam.com

The story has been updated to include NFM Lending's response. March 31, 2023 4:49 PM EDT The story has been updated to include NFM Lending's response. March...

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FI Master Trust raises $328.9 million in CMBS issuance

By: ameer@trustedteam.com

Fundamental Income Properties, a Phoenix-based real estate finance company, is raising $328.9 million backed by commercial net leases on single-tenant properties. This is the inaugural deal from its FI...

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Consumer home buying interest highest since May

By: ameer@trustedteam.com

While more consumers are making moves toward purchasing a home, with one measure of that at the highest level since last May, the number is still well below one...

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Could the Fed have stopped Silicon Valley Bank from selling hedges?

By: ameer@trustedteam.com

Critics say the Fed, Silicon Valley Bank's primary federal regulator, should have intervened to prevent the bank from selling its hedges last year, especially considering the central bank's supervisors...

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NY ruling could help servicers, borrowers battle tax lien seizures

By: ameer@trustedteam.com

A recent ruling by New York's top court potentially opens the door to more relief for servicers and homeowners in cases where they lose ownership of properties due to...

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Massachusetts finally passes RON legislation

By: ameer@trustedteam.com

Boston-based Notarize will soon finally be able to execute a digital real estate closing in its home state of Massachusetts. Governor Maura Healey on Wednesday signed legislation legalizing remote...

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Big Purple Dot integrates with ChatGPT for AI-powered customer support

By: ameer@trustedteam.com

The use-cases for AI-powered chatbots just keep growing. Big Purple Dot (BPD), a mortgage and real estate customer relationship management (CRM) and recruiting solutions company in Irvine, California, announced...

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loanDepot’s Lisa Moriello on the evolution of the reverse industry

By: ameer@trustedteam.com

A trait generally ascribed to the reverse mortgage industry is that the business never stays still. Whether it’s borrower demographic evolution, lender and government product changes or how originators...

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How mortgage brokers can unlock the power of personal video messages

By: ameer@trustedteam.com

As a mortgage professional, your job is to help clients navigate the complex and often overwhelming world of home financing. With so many options and considerations to keep in...

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Key home moving document changed in annual review

By: ameer@trustedteam.com

Trade and representative bodies have launched the fourth iteration of the Buyer’s and Seller’s Property information form (BAPSI) to ensure it remains fit for purpose in the homebuying process. ...

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