UTB to start accepting ‘passing rent’ figures

September 25, 2023by

United Trust Bank (UTB) is to start accepting passing rent figures declared by landlords to a maximum of 10%...

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Ginnie Mae changes HMBS pool eligibility requirements to address liquidity challenges

September 23, 2023by

The Government National Mortgage Association (Ginnie Mae) on Friday announced a new policy for its Home Equity Conversion Mortgage...

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Wells Fargo hires a D.C., Wall Street insider as its latest vice chair

September 23, 2023by

Thomas Nides, who will join Wells Fargo next month, said in a statement that he's "excited to join Wells...

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Fed governor calls for transparency, accountability in AI models

September 23, 2023by

Federal Reserve Gov. Lisa Cook said artificial intelligence could be a boon to the U.S. labor market if workers,...

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JPMorgan shutters 14 First Republic branches, more closures expected

September 23, 2023by

Enjoy complimentary access to top ideas and insights — selected by our editors. First Republic Bank failed...

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Fleet Mortgages launch green seven-year fixed rate products

September 22, 2023by

Fleet Mortgages has announced the launched new green seven-year fixed rate products aimed at landlords looking for longer-term certainty. The new...

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Anniversary of mini budget and a year of mortgage mayhem

September 22, 2023by

The date 23 September marks one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng unleashed their...

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Rightmove points to lowest mortgage rate since June

September 22, 2023by

In its latest mortgage tracker Rightmove reveals we have seen the lowest mortgage rate available within a Loan-To-Value (LTV)...

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Lowest mortgage rate available since June: Rightmove

September 22, 2023by

In its latest mortgage tracker Rightmove reveals we have seen the lowest mortgage rate available within a Loan-To-Value (LTV)...

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CFPB outlines sweeping data proposal, drawing swift bank condemnation

September 22, 2023by

Vice President Kamala Harris joined Consumer Financial Protection Bureau Director Rohit Chopra in announcing a proposal that would usher...

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