Buy-to-let product choice at highest level since last summer

By: ameer@trustedteam.com

The number of buy-to-let (BTL) loans available on the market now stands at 2,400, says Moneyfacts. This is the highest amount seen since July 2022, when there were 2,746 for...

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CrossCountry Mortgage executive discusses expansion

By: ameer@trustedteam.com

Brett Dillenberg is a senior vice president at CrossCountry Mortgage Brett Dillenberg, an executive vice president at CrossCountry Mortgage, runs six branches mostly situated across the West Coast...

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BMO: 20% of variable-rate mortgage clients have increased payments

By: ameer@trustedteam.com

Mortgage amortization periods continue to grow at BMO due to rising interest rates, but the bank said about a fifth of its variable-rate clients have preemptively increased payments. The issue...

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Reverse mortgage volume, HMBS issuance falls again

By: ameer@trustedteam.com

The reverse mortgage industry is continuing to adjust to a new normal, but industry professionals maintain optimism, even if the adjustment period proves to be a difficult one. While experts...

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Servicers helped 5M COVID-impacted borrowers stay in homes

By: ameer@trustedteam.com

Servicer efforts to assist borrowers following the expiration of CARES Act relief measures helped 5 million households avoid property loss, according to a report from the Federal Reserve Bank...

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Flagstar gives $1 million to fix appraisal industry’s lack of diversity

By: ameer@trustedteam.com

The $1 million donation by Flagstar Bank will go toward the recruitment and credentialing of diverse trainees, as well as to explore different ways to improve the licensing process...

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