Coventry for Intermediaries pulls resi and BTL deals for repricing  

By: ameer@trustedteam.com

Coventry for Intermediaries will pull selected residential and landlord fixed-rate products for new customers tomorrow, coming back to market with higher rates on Wednesday.   The mutual’s broker arm says...

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FHA Loan Options Post-Bankruptcy

By: ameer@trustedteam.com

July 11, 2023 There is a common reader question that goes something like this: “I had a bankruptcy discharged recently. How long do I have to wait to purchase another home?...

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June home sales softened but remain resilient as Bank of Canada rate hikes resume

By: ameer@trustedteam.com

The Bank of Canada’s June rate hike served as a splash of cool water to recent housing market strength as home sales moderated in June and priced edged down...

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Retirement outlook is ‘alarming’ for Generation X: Report

By: ameer@trustedteam.com

Generation X was the first generation to enter the labor market after a shift from pension plans to defined benefit plans. And now this generation, which includes those born...

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Manufactured housing lender Zippy secures additional funding

By: ameer@trustedteam.com

Zippy, a “community-focused” chattel lender, just raised additional investment from Brand Foundry and repeat investors, addressing growing demand for manufactured home loans.  Since its foundation, the company has been on...

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‘Grow-the-pie’ mentality dominates reverse mortgage conference

By: ameer@trustedteam.com

The mantra is clear – “We need to grow our industry.”  This week I represented Reverse Mortgage Daily and HousingWire at the National Reverse Mortgage Lenders Association (NRMLA) Southern Regional...

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Broker searches for interest-only mortgages jump 53% in June: L&G

By: ameer@trustedteam.com

Broker searches for interest-only mortgages jumped by more than half last month as borrowers looked to reduce their monthly costs, according to Legal & General’s Ignite platform.   ...

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Renters who must provide guarantors almost doubles: Goodlord  

By: ameer@trustedteam.com

The number of tenants on high incomes that are being asked by landlords to provide guarantors has almost doubled over the last three years, data from Goodlord shows.   The...

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Interest-only mortgage searches jump 53% in June: L&G  

By: ameer@trustedteam.com

Broker searches for interest-only mortgages jumped by more than half last month as borrowers looked to reduce their monthly costs, according to Legal & General’s Ignite platform.   The hub...

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Anchor Loans appoints new COO

By: ameer@trustedteam.com

Most recently, Fraser served as senior vice president for commercial real estate lending solutions at Built Technologies, a provider of construction-finance software. The 30-year industry veteran has also held...

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