Growth in Asia will continue to be quite robust, DBS Bank says

By: ameer@trustedteam.com

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Piyush Gupta of Singapore's largest lender discusses growth forecasts for mainland China, Hong Kong, India and Indonesia. 03:57 Tue,...

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New York Community warns deposit runoff may not be done

By: ameer@trustedteam.com

The runoff of some of the deposits that New York Community Bancorp acquired last month when it scooped up a significant portion of Signature Bank may not be over...

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Bond traders are less gung-ho for Fed cuts than pricing suggests

By: ameer@trustedteam.com

For months on end, it has seemed like Wall Street is playing chicken with the Federal Reserve. Policymakers keep insisting interest-rate cuts aren't coming anytime soon, yet futures traders...

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Mortgage M&A activity in 2022 and 2023: a list

By: ameer@trustedteam.com

As the mortgage industry winds down from explosive origination volume seen in 2020 and 2021, consolidation activity has ramped up.Thus far, two groups of industry stakeholders are emerging: those...

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Housing Market Tracker: Spring inventory grows

By: ameer@trustedteam.com

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this...

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Mortgage Choice creates new role for broker growth

By: ameer@trustedteam.com

Mortgage Choice has recruited industry executive Timothy Schneider for the new role of head of broker growth, where he will be responsible for driving the growth strategy for the...

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Home Prices Heat Up Despite High Interest Rates

By: ameer@trustedteam.com

Some weird stuff is happening in the world of real estate. As you likely know, the Bank of Canada has steadily raised interest rates over the past year in...

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Blend CEO on the firm’s runway, vision and shifting priorities

By: ameer@trustedteam.com

Mortgage tech company Blend incurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company’s runway and survivability.  Nima Ghamsari, CEO and co-founder of...

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Wells Fargo teams up with Dallas megachurch to build “inclusive communities”

By: ameer@trustedteam.com

Wells Fargo and T.D. Jakes Group announced a 10-year partnership aimed at “revitalizing neighborhoods” and creating long-term change in communities most in need. The announcement comes a year after...

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The mortgage stress test has helped protect Canada’s housing market in this downturn: OSFI

By: ameer@trustedteam.com

The mortgage stress test has thus far proven effective in protecting the housing sector from a volatile economy, but further changes haven’t been ruled out, says Canada’s banking regulator....

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