Short-term lender Kuflink doubles profit

January 22, 2024by

Short term lender Kuflink reported an annual profit of £1.89m, over double the previous year of £729,122. Kuflink’s chief executive...

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MPowered revamps lending criteria for foreign nationals

January 22, 2024by

MPowered Mortgages has changed its lending criteria for high-skilled foreign nationals across its range of products. The lender said the change forms...

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Brokers fear 1% mortgage deposits will push up house prices  

January 22, 2024by

Brokers warn government plans to allow borrowers to buy a home with a 1% deposit may inflate house prices...

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Sesame Bankhall partners with Holloway Friendly

January 22, 2024by

Sesame Network and PMS Mortgage Club, part of Sesame Bankhall Group (SBG), have added Holloway Friendly to their protection...

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HSBC hires Emma Hollingworth as head of specialist lending

January 22, 2024by

HSBC UK has hired Emma Hollingworth as head of specialist lending. Hollingworth has worked in the intermediary mortgage market for 29...

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Mortgage rates, inventory and demand rise as price cuts fall

January 21, 2024by

Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Jan. 12-19): Inventory...

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Capital rule’s impact on mortgage risk offsets worries industry

January 20, 2024by

One driver of fears housing finance stakeholders have had about the bank capital proposal's potential for pushing affected depositories...

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Bill will boost low-income tax credit availability

January 20, 2024by

This story was updated to include the vote from the House Ways and Means Committee. January 19, 2024 5:10...

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Rocket Mortgage, UWM forgoing Super Bowl ads

January 20, 2024by

Millions of Americans won't be reminded of financing a home this Super Bowl Sunday. Industry giants Rocket Mortgage and United...

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Mr. Cooper’s Chris Marshall takes on role at Sagent

January 20, 2024by

Mr. Cooper President Chris Marshall is becoming executive chairman role at Sagent, effective immediately, the technology vendor reported Friday...

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