Blog
Trump housing finance chief OKs more mortgage spending and adds risk for government-backed lenders
President Trump's federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a…
Tag
Mortgage
Culture
Hao Mart and owner sue OG over Good Class Bungalow mortgage, claiming S$57.5 million
This is the second court case that involves OG and Hao Mart, arising from the lease of the Taste Orchard premises Supermarket operator Hao…
Blog
Trump moves to address housing costs by ordering feds to buy $200 billion in mortgage bonds
In a move he says will lower monthly mortgage costs and put more money in homeowners' pockets, President Trump has directed the federal…
Blog
Grand jury rejects new mortgage fraud indictment against New York Attorney General Letitia James
The Justice Department failed Thursday to secure a new indictment against New York Attorney General Letitia James after a judge dismissed…
Blog
Judge Boasberg assigned Eric Swalwell's lawsuit challenging mortgage fraud case against him
Judge James Boasberg, who has stood out as one of President Trump's chief judicial adversaries, is overseeing Rep. Eric Swalwell's lawsuit…
Culture
BofA Tower gets Chicago’s biggest mortgage bond deal since Covid
A mortgage loan for Chicago’s Bank of America (BOA) Tower is being refinanced with US$700 million in bonds, a rare bright spot for the…
Blog
Justice Department is examining handling of mortgage fraud investigation into Sen. Adam Schiff
The Justice Department is examining the handling of the mortgage fraud investigation into Sen. Adam Schiff, including the potential…
Blog
Rep. Eric Swalwell faces mortgage fraud probe by DOJ
Rep. Eric Swalwell has been referred to the Justice Department for a federal criminal probe on allegations of mortgage and tax fraud.…
Culture
Australia's big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition Australia’s…
Blog
Don’t Bet the House on the 50-Year Mortgage | National Review
President Trump’s proposed reform would be a terrible deal for homebuyers and taxpayers alike. Source link
Blog
The 50-Year Mortgage Would Make Things Worse for Gen Z | National Review
This is not the answer to the housing crisis. Source link
Blog
Critics slam door on Trump's 50-year mortgage proposal
President Trump's proposal to allow homebuyers to take out 50-year mortgages is getting trashed by finance and business experts and has…
Blog
New York Attorney General Letitia James pleads not guilty in mortgage fraud case pushed by Trump
New York Attorney General Letitia James pleaded not guilty on Friday to federal charges accusing her of lying on mortgage papers to secure…
Culture
OCBC launches upskilling programme to turn mortgage specialists into wealth advisers
OCBC has launched an “intensive four-month” upskilling programme to train mortgage specialists as wealth advisers, equipping them with…
Culture
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
News
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of…
News
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
There was a moment in late September when mortgage rates, after a monthslong decline, appeared poised to drop low enough to bring would-be…
Lifestyle
Average rate for 30-year mortgage reaches 6-month high
The average rate for a 30-year mortgage in the United States reached a six-month high this week and also leapfrogged the rate during the…
Culture
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property…