The costs of Finance of America's repositioning have led Fitch Ratings to make a downward revision to the company's long-term issuer default rating.The rating action followed a regular review...
Read MoreIf it hasn’t become clear already, the U.S. population is aging at an accelerated rate when compared with prior generations. For some communities, that has required a re-assessment of...
Read MoreSky-high mortgage rates have made it difficult for industry pros to connect with new and existing borrowers. Refinance business is paltry, while new originations are harder to come by...
Read MoreMany in the mortgage industry reacted with surprise after learning about a little but very important nugget buried in an OSFI report released earlier this week. In its report...
Read MoreThe yield on the benchmark 10-year Treasury note, a key barometer for mortgage rates, auto loans and student debt, hit 5% for the first time since 2007 on Thursday. Borrowing...
Read MoreLendInvest has launched a business division focused on its residential, landlord and bridging customers. The digital lender says its LendInvest Mortgages unit, will now house products across these three...
Read MoreAfter having a big impact on the housing market at the start of the year, bridging lending slowed to a steady pace in the second quarter of 2023. This is...
Read MoreCastle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to £3m. The specialist lender says it is now able to use...
Read MoreCastle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to £3m. ...
Read MoreAn inquiry will be held to scrutinise the relationship between regulators and the government. The House of Lords Industry and Regulators Committee’ has announced it will look at how regulators...
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