Insurance is the new affordability challenge for mortgage originators
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The agency that manages D.C.’s affordable housing programs has a new head. Nicole Wickliffe was named executive director for the District of Columbia Housing Authority after a unanimous board vote on Sept. 16. Her appointment began Thursday, DCHA announced. District of Columbia Housing Authority DCHA’s new executive director, Nicole Wickliffe Wickliffe had served as interim…
7:00 AM, 6th August 2026, 2 minutes ago A significant change has now taken effect for landlords and other business owners transferring a qualifying business to a company. For transfers completed on or after 6 April 2026, Incorporation Relief under Section 162 TCGA 1992 no longer applies automatically. Instead, each relevant transferor must actively claim…
Among the different reasons given for not buying protection by those that dropped out, between 79% and 95% of consumers said something could have changed their decision, the Association of Mortgage Intermediaries (AMI) reveals. An early release of data from this year’s Ami Protection Viewpoint Study found that the barriers standing between consumers and protection…
Processing Content Key insight: Citizens Financial Group plans to shut down credit facilities for a pair of clients, CoreCivic and The Geo Group, two of the largest private-prison operators in the country. What’s at stake: The move comes amid growing pressure by activist groups and communities that have called on Citizens to break ties with…
Avatar Financial Group LLC provided a $4.75-million bridge loan secured by a fully leased warehouse and distribution building in Santa Ana. The two-year, first-lien loan was originated at approximately 60% loan-to-value. The financing replaced two loans with one, retiring the property’s existing first mortgage along with a junior loan that had passed its maturity date….
Leek Building Society had updated its mortgage criteria to support a wider range of borrowers. The eight changes have been influenced by the mutual’s broker partners and apply to residential and specialist mortgage cases. Leek Building Society has revised its income criteria to now consider child benefit, Pension Credit, Carer’s Allowance and Disability Living Allowance…