Page 6 - Peter Benjamin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There are a lot of topics being covered here at the MBA’s IMB conference. One of them is hedging, and if you want a primer on how lenders are protecting themselves from interest rate risk, here you go. Yesterday the MBA’s Marina Walsh observed what lenders are doing now to survive. In no order: reducing the cost of sales, revisiting existing office leases, taking advantage of predictive analytics, critically examining their business lines, ramping up new products or looking at geographic expansion, retaining servicing, further staffing adjustments, and reducing middle management....

“Wet” January is going well for me. Wait… did I get that wrong? If food news is more to your liking, Krispy Kreme has rolled out donuts covered in Biscoff cookies through the end of January. More calories per bite, right? In other non-mortgage stories, the oldest person in the world has died at 118. Contrary to what LOs say, this photo is not her praying for stated income, stated asset loans to return with no consideration of credit. Speaking of which, the latest credit reporting news involving brokers comes from the UK. Layoffs aren’t happening only in residential ...

Between 2019 and 2020, the Federal Ministry of Works and Housing released over N200 million to four different companies for the construction and rehabilitation of an access road in Oyo state. THE INFORMANT247’s Yemi Sodeeq reports that despite these releases, the road – from Iresaadu through Igboaka to Onipanu in Surulere local government area – still remains in a deplorable state.

Whether it is independent mortgage banks or companies with the largest market caps in the world, new products are being developed and rolled out to help drive growth. Apple unveiled new iPhone models, versions of the AirPods Pro, and several smartwatches yesterday. Closer to home, lenders are also exploring new products to drive volume. Newrez announced a 40-Year IO option, designed to increase purchasing power for homebuyers by offering a 40-year loan term with interest-only payments for the first 10 years. The longer loan term does lower monthly payments, though I received a couple reader co...

From the glittery fun of Priscilla to a whole show about the career of Paul Keating, here are the musicals that sing to audiences both in Australia and around the world