UWM to use FICO, VantageScore 4.0 on every file

Processing Content Key insight: The USA Patriot Act marked a major shift for banks, requiring strict verification of customer identities and the monitoring of suspicious activities.  What’s at stake: Critics contend that after 25 years, compliance with anti-money-laundering rules has become a costly “box-checking” exercise. Forward look: Deregulatory changes under the Trump administration include the…

The housing crisis in America has justifiably been attributed to insufficient supply. Recently, inflation has been identified as a key factor contributing to this issue, according to a new report from The Hill with commentary from Valerie White, Opinion Contributor for the newspaper. There is some evidence that appears to corroborate this idea. Home prices…

BoE's Bailey says high energy prices make it harder to leave rates on hold

Taiwan’s SinoPac Securities has adopted Bloomberg’s ETOMS, part of the firm’s Sell-Side execution management offering, to strengthen its electronic market-making capabilities in the USD corporate bond market, Bloomberg announced on September 16. The adoption builds on SinoPac’s existing use of Bloomberg’s Trade Order Management Solutions (TOMS), and together the two systems will allow the firm…

The Resolution Foundation has called on the government to set out a roadmap for reforming residential property taxes. In a new report, the think tank said council tax and stamp duty are increasingly out of step with modern house prices and warned that England’s housing taxes have become “broken”. The report claimed the system…

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