Why reverse mortgages for purchase are a hard sell

By: ameer@trustedteam.com

The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program allows borrowers to finance home purchases with a reverse mortgage, but it comes with a few caveats, including a...

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Freddie Mac, Ginnie Mae, Finance of America make leadership moves

By: ameer@trustedteam.com

Left to right: Brad Cargile, Rene Gonzales, Michelle DeHart, Pete Johnson Mortgage subservicer Cenlar recently appointed four new leaders across various departments within the company. The Ewing, New...

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More than 10% of recent homebuyer loans are slipping underwater

By: ameer@trustedteam.com

The share of recent homebuyers with negative equity has moved into the double digits, two recent reports show.More than 11% of borrowers who took out loans to buy houses...

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Property professionals divided on whether Halifax data points to soft landing in 2023

By: ameer@trustedteam.com

House prices rose by 0.8% to £287,880 in March, data from Halifax shows, but brokers and property professionals are divided on whether the housing market faces a soft repricing...

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Clydesdale Bank launches new products and reduced rates

By: ameer@trustedteam.com

Clydesdale Bank has introduced various changes across its residential range including reduced fixed rates and new remortgage deals. Changes to new customer products include: 75-90% loan-to-value fixed rates reduced by up...

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FHA Home Loans: A Variety Of Options

By: ameer@trustedteam.com

April 5, 2023 There are many different types of real estate available to purchase or refinance with an FHA single family home loan. Did you know that FHA loans are...

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Two-thirds of homes sold in 12 weeks: TwentyEA 

By: ameer@trustedteam.com

Over two-thirds of UK listed properties were sold in the first 12 weeks of the year, data from TwentyEA shows, which matches 2019 pre-pandemic levels.  The property data firm says...

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Borrowers with adverse credit face ‘challenging’ year: Broker poll 

By: ameer@trustedteam.com

Customers with adverse credit will find it the most challenging to secure a mortgage over the coming year, a broker poll shows.  Almost 26% of brokers are concerned about finding...

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Blog: Why the doom-laden BTL predictions are wrong

By: ameer@trustedteam.com

No matter where you turn at the moment, there is a pervasive sense of doom and gloom surrounding the health of the buy-to-let market. ...

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Two-thirds of listed properties sold in first quarter: TwentyEA 

By: ameer@trustedteam.com

Over two-thirds of UK listed properties were sold in the first 12 weeks of the year, data from TwentyEA shows, which matches 2019 pre-pandemic levels.  ...

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