Iress reveals security breach, but client data ‘not compromised’   

By: ameer@trustedteam.com

Financial services software business Iress has uncovered a security breach across its network, but adds that client data “has not been compromised”.   The Australian firm says it “detected and...

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House prices down annually but “recovering” – e.surv

By: ameer@trustedteam.com

Annual house prices in England and Wales fell 2.9% in the year to April, according to the latest data from chartered surveyors e.surv. The average cost of a home in...

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Are mortgage rates about to fall?

By: ameer@trustedteam.com

Traditionally speaking, the spreads between the 10-year and mortgage rates is 1.60%-1.80%. Right now, the difference between them is 2.60%. However, compare that to the worst levels last year,...

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New taxes threaten Sydney housing

By: ameer@trustedteam.com

New taxes threaten Sydney housing | Australian Broker News

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Leigh Passfield: Balancing mortgages and mental health

By: ameer@trustedteam.com

Leigh Passfield: Balancing mortgages and mental health | Australian Broker News

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Affirm CEO: Gen Z loves gen AI-powered customer service chat

By: ameer@trustedteam.com

"Gen Z consumers ... have no problem chatting with an AI, especially if the AI is intelligent," said Affirm CEO Max Levchin, when discussing the buy now/pay later firm's...

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Fidelity, First American, Stewart, Old Republic report 1Q profits

By: ameer@trustedteam.com

The first quarter was better for title insurers than the same period last year, as all of the five publicly traded companies posted higher net earnings.However, Doma, which announced...

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Assumable mortgage platform Roam partners with national lender on down payment assistance

By: ameer@trustedteam.com

New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company announced on Thursday. The...

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Better taps Chad Smith as new president and COO

By: ameer@trustedteam.com

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan, who previously held the position of...

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FSOC: Congress should boost Ginnie, FHFA nonbank authorities

By: ameer@trustedteam.com

Recommendations in a new Financial Stability Oversight Council report could give nonbank mortgage servicers more of a liquidity backstop but may also lead to them being more closely regulated.The...

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