News & Articles

Revealed: Where Sydney house prices are set to grow | Mortgage Professional News Report reveals the top areas across more than 600 suburbs By Mina Martin 29 May 2023 A select number of suburbs in Sydney are tipped to record price growth in the next six months to...

“Accurate land and property valuations are the bedrock of the Australian property industry and are critical to state governments and councils in terms of calculating rates and land taxes,” said Value Australia CEO Mark Nassif (pictured above). “Our tool calculates...

“We’re extremely proud to partner with the Public Education Foundation to support this scholarship,” said Nichole Banks (pictured above right), Teachers Mutual Bank’s chief marketing officer. “We have a long tradition of providing meaningful professional development...

From there he would go to Lending Tree, where he worked from 2004-09. By then married – to a physician no less – his wife accepted a medical residency in Ann Arbor, Mich. “And I’m here dealing with a financial crisis,” he said, referring to the Great Recession then...

“The US economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week,” Freddie Mac chief economist Sam Khater said. “Dampened affordability remains an issue for interested homebuyers, and homeowners seem...

Colonial Savings, F.A., a thrift bank based in Forth Worth, Texas, has confirmed its plans to exit the mortgage origination business to streamline its services. Effective July 31, Colonial Savings will no longer originate home loans, which the bank has been doing...

Read next: Lender aims to help originators develop social media presence “Whether you’re a veteran wanting assistance with a VA home loan, a new member of the community searching for a wonderful house or an executive establishing yourself in a financial hub, we’re...

“The housing market has struggled to gain momentum during the industry’s crucial spring homebuying season,” said First American deputy chief economist Odeta Kushi. “According to data from First America Data & Analytics, historically approximately 36% of...

“Elevated interest rates and low housing supply have kept many prospective borrowers on the sidelines,” said Edward Seiler, associate vice president of housing economics at MBA and executive director of Research Institute for Housing America. “However, MBA expects...

Weakness in the commercial real estate industry poses risks to the recovery of the US banking sector, JPMorgan & Chase CEO Jamie Dimon warned during the bank’s investor conference Monday. Impacted by the slew of bank failures, the commercial real estate industry...

Consider the ‘Thinking Slow Acting Fast’ approach He touted his “Thinking Slow Acting Fast” philosophy in achieving results. “I really think this idea of thinking slow, acting fast is crucial; especially because most projects are done in the exact opposite way,”...

PacWest Bancorp has sold its residential business-purpose business, Civic Financial Services, to real estate lending firm Roc360, the Wall Street Journal reported this week. The struggling Los Angeles-based regional bank closed the deal on Tuesday, but didn’t disclose...