Changes to the way homes are sold are being rolled out. Whilst it’s good news for buyers, the guidelines mean additional costs for sellers. Simon Nosworthy explains more ...
Read MoreGinnie Mae announced this week that it is adding a new pool-level, low-to-moderate income (LMI) disclosure to its Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. The move is part...
Read MoreNon-bank lender Pepper Money has priced a $675.9 million car and equipment asset-backed security (ABS) transaction, titled SPARKZ 8. It is due to settle on 18 April 2024. This...
Read MoreThe latest AFG Index released by the Australian Finance Group (AFG) has revealed that the market share of Australia’s big four banks rose to 61.7 per cent during the...
Read MoreBy Sammy Hudes In its updated outlook for the year released Friday, CREA said it now expects 492,083 homes to trade hands this year, a 10.5% increase from 2023. In its...
Read MoreThe federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency. The announcement was part the government’s new housing...
Read MoreApril 11, 2024 The difference between an FHA appraisal and a home inspection is a serious issue. Borrowers applying for an FHA mortgage to buy a home must have an...
Read MoreThere has been a little bit more activity in the mortgage market this week compared to the start of April, with a mixture of cuts and increases to selected...
Read MoreMonthly construction output decreased 1.9% in volume terms in February 2024; this follows a 1.1% increase in January 2024, This is according to the latest construction output data from...
Read MoreThinking about purchasing a home? Before you dip your toes into the market, you may want to make sure you are eligible for a home loan and check how...
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