Mortgage Credit Strategy Shifts with VantageScore 4.0
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The invisible cage keeping landlords from the life they worked for
For nearly four decades, I helped landlords build their wealth, while most of my time is now spent helping them work out how to enjoy it. Behind the questions about selling properties and paying tax lies a much bigger question about whether they can give themselves permission to live differently and put a practical plan…
Canada’s long-term bond auction draws highest yield since 2007
By Mathieu Dion (Bloomberg) — Canada auctioned long-term bonds at the highest yield in 19 years, as upside inflation risks create higher borrowing costs for governments around the world. The government in Ottawa sold $3 billion of notes due on June 1, 2059, at an average yield of 4.201% Thursday. That was the highest yield…
Loandepot, West Capital Lending to argue LO Comp Rule suit
A federal judge will soon weigh whether a lender can sue a competitor for violating the Loan Officer Compensation Rule and allegedly harming its business. Processing Content Loandepot and West Capital Lending will argue the former’s motion to dismiss in a hearing next week, in the latter’s lawsuit which it filed earlier this year. WestCap…
Your Social Security COLA could go up another $71 a month in 2027. That’s not necessarily good news.
A higher COLA is a sign that persistent inflation isn’t going anywhere.
Two thirds of borrowers wrongly think lenders restrict by age, brokers say – Mortgage Strategy
More than two thirds of mortgage brokers say older borrowers wrongly assume lenders impose age restrictions, as enquiries from over-55s continue to rise. Around 60% of brokers have seen an increase in enquiries from later life borrowers over the past 12 months, according to new research from Suffolk Building Society. Just 3% of intermediaries surveyed…
