Brokers seek advice on leaving mortgage industry on cherry forum

By: ameer@trustedteam.com

Exiting the mortgage industry was one of the most discussed topics on broker forum cherry in January. Mortgage brokers took to cherryplc.co.uk asking for advice on whether they could continue...

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Shared ownership: The pros and cons of the homebuyer scheme

By: ameer@trustedteam.com

Shared ownership is an affordable way for first-time buyers to get on the property ladder – but there’s a lot to consider before using the scheme. John E Jones...

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Why is housing inventory growing with higher mortgage rates?

By: ameer@trustedteam.com

Weekly housing inventory data Mortgage rates are still above 7% and haven’t been able to break below 6.50% for some time now. With mortgage rates higher, will this stop inventory...

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Loan Factory sued by originators for alleged use of unauthorized information

By: ameer@trustedteam.com

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its...

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More than 90% of housing markets overvalued, Fitch says

By: ameer@trustedteam.com

While housing supply might be increasing, home prices still rose at an unsustainable pace in over 90% of markets during the third quarter last year, according to a new...

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Kiavi closes on $350M securitization 

By: ameer@trustedteam.com

Kiavi, one of the nation’s largest private lenders for residential real estate investors, closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday.  The...

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Older homeowners want to age in place but are averse to extracting equity: Fannie Mae

By: ameer@trustedteam.com

By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see the equity in their...

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Mortgage rates went to 8% so quick ‘it reset the customer’s mind’: Taylor Morrison CEO Sheryl Palmer

By: ameer@trustedteam.com

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sheryl Palmer, Taylor Morrison chairman and CEO, joins 'Squawk Box' to discuss the state of the real...

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36% of homebuyers and sellers don’t know they can negotiate real estate agent fees

By: ameer@trustedteam.com

Nearly a third, 31%, of homebuyers and sellers negotiated with their agents and a majority of those, 64%, successfully reduced their fees, according to a new report by LendingTree. Many...

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CMHC to shelve the First-Time Home Buyer Incentive by the end of the month

By: ameer@trustedteam.com

The federal government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program as of March 21. Introduced in 2019, the shared-equity program is administered by...

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