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A September rate cut would come shortly before another major economic event: the US presidential election.

There seems to be a bit of a baby boom going on out there. Prospective home buyers who need a place for a growing family quickly find out that residential lending isn’t without its share of tears. Next time you’re dealing with an upset borrower or loan officer, here’s something you can try. “We are committed to solving the rental crisis in Australia. By providing high quality prefabricated homes, available for immediate hire or purchase, we fight the rental crisis one portable cabin at a time!” But combined, Australia and New Zealand’s population is on...

By: Jenny Ahn Blake Spendley Ben Rappaport Editor: Daniel Sherwood Sam Koppelman Hardly anyone is buying the company’s electric vehicles — at home or abroad — according to months-long investigation spanning satellite imagery, AIS data, trade records, financial analysis, and…<p class="more-link-p"><a class="more-link" href="https://chathamjournal.com/2024/04/23/whats-going-on-with-vinfast-an-investigation-into-sales-struggles-and-empty-promises/">Read more →</a></p>

Remember when lenders were fretting about Amazon rolling out a major home loan program? The new acronym that the mortgage industry was about to start using was “WACD” (What Amazon Can’t Do). We reminded ourselves that Amazon couldn’t do is to deliver high value and personalized service and build relationships that last a lifetime. Play to your strengths! One strength is keeping up with what is going on, especially in the regulatory world. Today’s L1 show at 2PM ET features Kathy Kraninger, former director of the Consumer Financial Protection Bureau from 2018 ...

United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals.