Moody’s flags potential mortgage impacts at First Republic

By: ameer@trustedteam.com

First Republic Bank's quality assessment as a servicer of prime residential mortgages had been put on review for potential downgrade as of Thursday night following deposit outflows and funding...

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Lenders find more uses for alternative credit data

By: ameer@trustedteam.com

From left: Ambika Sharma, creator of Fintech Cafe, Kareem Saleh, founder and chief executive of FairPlay, Dave Hoare, chief technology officer and co-founder of Codat, Seshu Guddanti, senior vice...

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Upbeat tone in MSR market despite market turmoil

By: ameer@trustedteam.com

The acquisition of Credit Suisse by UBS Group AG brings to an end one of the most important periods of growth for independent mortgage banks, and particularly in the...

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How ChatGPT can help you work more efficiently and generate more leads

By: ameer@trustedteam.com

ChatGPT, the AI chatbot, has taken the world by storm over the past few months. It took Netflix 3.5 years to reach one million users, Facebook ten months and...

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How buy-to-let landlords can prepare for the 2025 EPC deadline  

By: ameer@trustedteam.com

Landlords who need to update their buy-to-let property to meet new energy efficiency guidelines may feel they have an enormous task ahead. But, as Trudy Woolf explains, there are...

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Ocwen petitions for dismissal of HAMP lawsuit in appeals court

By: ameer@trustedteam.com

Ocwen Financial filed a petition for writ of mandamus in the 5th U.S. Circuit Court of Appeals to dismiss a case involving representations in loan modifications.The appeal follows the...

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Report shows smart home tech helps seniors age in place across North America

By: ameer@trustedteam.com

As more seniors aspire to age in place in their own homes, advancements in smart home technology could be a big help with reaching these goals, according to a...

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Housing experts weigh in on avoiding a HECM market collapse

By: ameer@trustedteam.com

Just as we’ve witnessed within the domestic and international banking systems in recent weeks, the rise in interest rates over the past year has claimed a number of casualties...

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HUD hosts Japanese housing delegation to share aging in place solutions

By: ameer@trustedteam.com

The U.S. Department of Housing and Urban Development (HUD) hosted a delegation in February for its Japanese counterpart, the Ministry of Land, Infrastructure, Transport and Tourism, to view and...

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California lender on navigating the tough reverse mortgage climate

By: ameer@trustedteam.com

The reverse mortgage business is facing sharply reduced volume and higher interest rates when compared to 2020 and 2021, but there are still signs that business conditions may be...

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