Catalyst cuts bridging, development, auction offers, starting at 79bps  

By: ameer@trustedteam.com

The specialist lender has reduced rates among its everyday bridging, development exit, auction, refurbishment, and refurb-plus super stretch products.    It says its everyday bridging, development exit finance and auction...

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5 things to know about the Hispanic American homeownership path

By: ameer@trustedteam.com

Hispanic Americans will eventually make the majority of new homeowners in the United States, but lenders today may not be addressing all of their needs.The demographic accounted for 9.2%...

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New research suggests link between older age and mortgage application rejection

By: ameer@trustedteam.com

There is a link between the higher age of a prospective mortgage borrower and the potential rejection of that client’s application. However, the details of the correlation do not...

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Are reverse mortgage industry changes happening more quickly?

By: ameer@trustedteam.com

The only constant in the world is change, a rule that is also true of the reverse mortgage industry — as evidenced by how many regulatory changes are handed...

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Black homeownership much lower than population share

By: ameer@trustedteam.com

Black homeownership rates in each of the nation's 50 largest metro areas has been smaller than population share in those regions, a LendingTree study recently found.The disparity was greater...

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Commercial property market freezes, sending bond volume plummeting

By: ameer@trustedteam.com

Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Only about $4.27 billion...

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Figure partners with NovaWulf on proposed reorg of crypto lender Celsius

By: ameer@trustedteam.com

Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. The partnership was made public by Figure...

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