AARP: Older Black adults feeling more confident about future finances

By: ameer@trustedteam.com

An increasing number of Black adults at or over the age of 45 feel more confident about their financial futures and retirement, according to the results of a new...

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FHA publishes final rule on LIBOR rate index transition

By: ameer@trustedteam.com

The Federal Housing Administration (FHA) on Wednesday published the “Adjustable Rate Mortgages: Transitioning from LIBOR to Alternate Indices” final rule in the Federal Register, providing long-awaited guidance for adjustable-rate...

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UK Moneyman gets FCA approval for home reversion plans

By: ameer@trustedteam.com

UK Moneyman has received approval from the Financial Conduct Authority (FCA) to add home reversion plans to its permissions. Home reversion plans are a type of equity-release scheme that lets...

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LSE report proposes cost solutions to help free mortgage prisoners

By: ameer@trustedteam.com

The London School of Economics and Political Science (LSE) has put forward a structured set of solutions that could be used to free mortgage prisoners as part of a...

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Park National Bank to pay $9M redlining fine

By: ameer@trustedteam.com

Newark, Ohio-based Park National Bank (PNB) will pay $9 million to settle allegations of using redlining practices in the Columbus metro area spanning from 2015 to 2021, the Department...

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Homeowners opt for second charge loans for renovations rather than move: Together

By: ameer@trustedteam.com

One in ten UK homeowners plan to use their finances on home improvements rather than moving, according to Together.   ...

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Construction performance continues to falter in Q1: Glenigan

By: ameer@trustedteam.com

Performance in construction has continued to falter in the first quarter of this year, according to Glenigan’s latest construction index, amid price inflation, economic uncertainty, and ‘lukewarm’ investor appetite. Glenigan...

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YBS mortgage balances increase to £43.7bn in 2022

By: ameer@trustedteam.com

Yorkshire Building Society has reported that mortgage balances for 2022 increased to £43.7bn from £41.9bn the year prior. ...

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Homeowners opt for second charge loans for renovations: Together  

By: ameer@trustedteam.com

One in ten UK homeowners plan to use their finances on home improvements rather than moving, according to Together.   Households say a key driver behind this move, among 17%...

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Fannie Mae launches survey to make multifamily properties greener

By: ameer@trustedteam.com

Fannie Mae has launched a survey to collect and analyze the energy and water consumption and costs of multifamily properties from 2022 as part of a national effort to...

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