West One Loans adds SimplyBiz Mortgages to resi panel

By: ameer@trustedteam.com

West One Loans has added SimplyBiz Mortgages to its residential mortgage intermediary panel. The addition of SimplyBiz will allow the mortgage club’s directly authorised to access West One’s specialist residential...

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Pepper Money hires Voss as CFO after former head takes ESG role

By: ameer@trustedteam.com

Pepper Money has hired Andrew Voss as chief financial officer at the specialist lender.   He replaces the firm’s previous chief financial officer, Anthony Keeble, who moves into the newly-created...

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Santander for Intermediaries improves LTI ratios

By: ameer@trustedteam.com

Santander for Intermediaries has updated the loan-to-income (LTI) ratios in its affordability calculator.  The changes come into effect today (14 February). For those with a combined income of less than £45,000...

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3mc joins TMA Club’s packager panel

By: ameer@trustedteam.com

TMA Club has added mortgage desk and packager 3mc to its packager panel. 3mc says its mortgage packages provide solutions for advisers on cases they deal with on an infrequent...

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Accord cuts BTL mortgage rates by up to 0.24%

By: ameer@trustedteam.com

Accord has lowered the interest rates on its buy-to-let (BTL) mortgage range by up to 0.24%, effective from tomorrow (15 February). The new rates will see a two-year fixed rate...

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HECMs prove troublesome for some borrowers and lenders

By: ameer@trustedteam.com

While reverse mortgages allow older homeowners the opportunity to draw on home equity with minimal risk, problems arising from flaws in program structure are causing headaches for borrowers and...

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Whims of the Biden Administration wreak havoc on home lenders

By: ameer@trustedteam.com

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. If President Joe Biden really wants to win reelection in 2024, he should leave the mortgage...

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Equifax cuts 10% of its employees in fourth quarter

By: ameer@trustedteam.com

Credit reporting agency Equifax cut 10% of its employees and contractors in the fourth quarter.That amounts to 2,350 workers being let go, according to its fourth quarter earnings report...

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Mr. Cooper to buy Roosevelt Management, Rushmore

By: ameer@trustedteam.com

Mr. Cooper plans to buy an investor in mortgage-related assets and a special servicer in order to brace itself for a potential credit-cycle shift, executives revealed during an earnings...

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Is Black Knight selling Empower to close the ICE deal?

By: ameer@trustedteam.com

Black Knight is reportedly placing the Empower loan origination system up for sale in order to gain antitrust approval for its acquisition by Intercontinental Exchange.From the day the deal...

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