JPMorgan Chase on how the FHA could bring back more banks

By: ameer@trustedteam.com

The Federal Housing Administration has signaled that it wants to renew efforts to bring banks back into the business through servicing improvements, and some speakers at a recent industry...

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New American Funding names new CEO and president in leadership change

By: ameer@trustedteam.com

Rick Arvielo, the CEO of New American Funding, spoke highly of Bunce’s contributions to the company over the years, calling her “invaluable” to its success. He also emphasized the...

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Problem & Solution: I Bought A New Home, But Haven’t Sold My Old One

By: ameer@trustedteam.com

Higher interest rates are causing a lot of problems for homeowners. Not just in terms of being able to purchase a home – but also in terms of being...

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Home prices to decline another 5-7% this year, but remain above pre-pandemic levels due to demand: Fitch

By: ameer@trustedteam.com

Canadian home prices could fall another 5% to 7% in 2023, according to the latest forecast from Fitch Ratings. The agency says homebuying demand is likely to remain under...

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The mortgage rate you get depends partly on your credit score. Here’s what to expect

By: ameer@trustedteam.com

The average interest rate on typical 30-year mortgages has stayed between 6% and 7% for the last several months, roughly double what it was at the end of 2021...

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