MBA’s Broeksmit pushes back on linking UWM with FHA fund

Foundation has launched Buy to Let Special products, with two- and five-year fixed rate options at 80% loan to value (LTV). The products will be available across its F1 criteria, as well as standard house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products.  Foundation said the range would give brokers and their…

All five of the publicly traded title insurance underwriters recorded higher net income year-over-year, or in Old Republic’s case, higher pretax operating income. But the reaction to those results by Keefe, Bruyette & Woods was a mixed bag. It was also a difficult spring home buying season this year as mortgage rates moved higher since…

President Donald Trump has retaliated against Canada’s retaliation against US tariffs. Trump on Tuesday ordered new tariffs on some Canadian goods and outright bans on others, the White House said. The bans, set to take effect September 29, impact many kinds of Canadian alcohol, some motorcycles, some dairy products, molasses, and nonalcoholic beer. The new…

UBS said the fund sales business would stop operating at the end of September. Credit: Kittyfly/ Shutterstock.com. UBS is reportedly preparing to wind down its fund sales operation in China after failing to win enough investors in a market crowded with domestic competitors. The Swiss bank set up the Shenzhen unit in late 2022 and…