MBA urges GSEs to end costly tri-merge credit reports

By: ameer@trustedteam.com

MBA urges GSEs to drop tri-merge credit rule, calling it outdated and costly as FHFA weighs broader credit reporting and scoring reforms.

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5 common mistakes first-time buyers make – and how to avoid them

By: ameer@trustedteam.com

Interest rates are falling, and that’s good news for first-time buyers who are trying to enter the market. However, while buying a property is an exciting milestone, it’s also...

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Regional bank closures leaving borrowers stranded

By: ameer@trustedteam.com

Regional borrowers are having increasing difficulties in securing financing, as banks continue to close branches.

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Borrowers leveraging rate cuts to upsize their home

By: ameer@trustedteam.com

A broker has highlighted a recent upsizing trend among borrowers. He believes there’s an opportunity to secure an upgrade, as interest rates fall.

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FHB activity surges throughout June

By: ameer@trustedteam.com

First home buyers (FHB) have a portion of the mortgage approval share above average and the highest on record, highlighting strong confidence among young borrowers.

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FOA posts profit, buys out Blackstone stake

By: ameer@trustedteam.com

Prior to the earnings release, Finance of America announced it was buying out Blackstone’s equity stake in the mortgage lender for $80 million.

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CIBC overtakes Scotiabank in market value after stock’s 47% run

By: ameer@trustedteam.com

Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favour of lenders...

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FBAA membership rises amid growing broker demand

By: ameer@trustedteam.com

The organization plans to ramp up invests in tech and broker education in the year ahead

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Melbourne’s seeing a surge as first-time homebuyers

By: ameer@trustedteam.com

Victoria stands out as housing hotspot despite affordability pressures and lending shifts

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Melbourne’s seeing a surge of first-time homebuyers

By: ameer@trustedteam.com

Victoria stands out as housing hotspot despite affordability pressures and lending shifts

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