Dual licensing grows as agents seek control from pre-approval to close
Processing Content Key Insight: Find out how S&P Global assigned preliminary ratings to a fintech’s home equity transaction that used VantageScore 4.0. What’s at Stake: Potential for use of more flexible credit measures and digital operations in the private secondary market for home loans. Supporting Data: S&P mapped the 753 weighted average VantageScore for the…
The Office for Budget Responsibility (OBR) should be responsible for ensuring Budget policies do not impede housing policy and delivery, an independent committee has said. The Housing Policy and Oversight Committee said the OBR should assess each measure, such as Your First Home. Chancellor John Healey (pictured) is expected to reveal the details of…
Leaseholders remain trapped by rising costs and are unable to sell their homes, despite the government’s Leasehold and Freehold Act. Propertymark’s leasehold still a life sentence report reveals that progress on leasehold reform has been slow, with estate agents continuing to struggle to sell leasehold properties. The news comes as the government has announced further…
The largest office-to-residential conversion project in the U.S. is facing a structural emergency. Metro Loft and David Werner‘s conversion at the former Pfizer headquarters in Midtown halted abruptly on Tuesday morning preceding reports of buckling support columns and sagging floors at the property at 235 East 42nd Street and 219 East 42nd Street, local news outlets reported. SEE…
[00:00] David Kitai: Hello and welcome to this WP webinar brought to us by Maximizer. Clients don’t want AI. They want a human with time and knowledge. What AI can’t do. My name is David Kitai. I’m the senior editor at Wealth Professional. Just a quick note of housekeeping. There will be a Q&A session…
The Treasury basis trade, as cynics like to say, is akin to picking up pennies in front of a steamroller. Except the pennies are getting harder and harder to find. Returns in the popular hedge fund strategy have dwindled to a few basis points, as large dealers muscle in on the trade. Many firms are…