Cautious optimism for federal plan to let rent count toward credit scores

By: ameer@trustedteam.com

By Ian Bickis The federal government’s commitment to have rent payments counted toward credit scores is being welcomed by companies that already offer the service, while renter advocates have raised...

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CFPB takes a closer look at consumer mortgage complaints

By: ameer@trustedteam.com

The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering an overview of consumer complaints in a variety of industries overseen by the...

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HUD seeks public comment on updates to reverse mortgage documents

By: ameer@trustedteam.com

The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing...

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Opinion: Reformed FHA program will offer lenders new business opportunities

By: ameer@trustedteam.com

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Thanks to the efficiencies baked into the construction...

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Opinion: How to win the coming mortgage refi race

By: ameer@trustedteam.com

One of the most critical moments in any race is the very beginning. A mistake at the start can snatch away a win before the race is even underway....

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DOL accuses PrimeLending of violating whistleblower provisions

By: ameer@trustedteam.com

Investigators at the U.S. Department of Labor announced on Wednesday that they found that PrimeLending, a Texas-based retail mortgage bank, violated whistleblower provisions in a case involving two employees who raised consumer fraud...

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How to empower your team to spot cybersecurity risks

By: ameer@trustedteam.com

When it comes to reducing cybersecurity risks, your team plays a crucial role. To ensure the safety of your digital assets and sensitive information, it’s important to make sure...

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California mortgage relief program running low on funding

By: ameer@trustedteam.com

The state of California is maintaining its mortgage relief program funded by the 2021 American Rescue Plan, which includes assistance for reverse mortgage borrowers. But the funding is running...

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Guaranteed Rate appoints new branch manager in Atlanta

By: ameer@trustedteam.com

Guaranteed Rate appointed Carlos Mata as its Atlanta branch manager, the company announced on Thursday. Mata was recognized as one of the top 250 Latino mortgage originators in 2024,...

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What the latest GDP figures mean for the Bank of Canada’s rate cut timing

By: ameer@trustedteam.com

Canada’s stronger-than-expected GDP growth in January could pose a challenge for the Bank of Canada, potentially complicating the timing for its anticipated interest rate cuts. Economic growth rose 0.6% in...

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