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AmeriTrust hires Shea Pallante as it preps for correspondent lending launch

AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume. A mortgage industry veteran, Pallante joins AmeriTrust from non-QM wholesale lender Brokers First Funding. He previously served as president of now-defunct non-QM […]

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New deduction may lower seniors’ Social Security tax burden

The federal tax bill passed in mid-2025 includes a provision marketed as “no tax on Social Security,” but it does not eliminate taxes on benefits. Instead, the One Big Beautiful Bill Act expands deductions for older Americans, potentially reducing federal taxes for many retirees, a finance leader recently explained. A blog post by Luke Delorme

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Digging into how an institutional investor ban would play out

President Donald Trump’s executive order restricting large institutional investors from purchasing single-family homes has broad – even bipartisan – political appeal. Still, most housing experts doubt that it will exert a significant impact on affordability. The order could also pose risks for builders that have made a practice of selling in bulk to institutional investors

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