OSFI report reveals largely unknown mortgage exemption: no stress test on insured switches

October 21, 2023by

Many in the mortgage industry reacted with surprise after learning about a little but very important nugget buried in...

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The 10-year Treasury yield just crossed 5% for the first time since 2007. What that means for you

October 21, 2023by

The yield on the benchmark 10-year Treasury note, a key barometer for mortgage rates, auto loans and student debt,...

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LendInvest launches new loans unit  

October 20, 2023by

LendInvest has launched a business division focused on its residential, landlord and bridging customers.   The digital lender says its...

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Bridging levels cool as mainstream market steadies

October 20, 2023by

After having a big impact on the housing market at the start of the year, bridging lending slowed to...

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Castle Trust Bank raises title insurance limit to £3m  

October 20, 2023by

Castle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to...

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Castle Trust Bank lifts title insurance maximum to £3m  

October 20, 2023by

Castle Trust Bank has lifted the maximum loan size on which it can use title insurance by 50% to...

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Lords committee to analyse accountability of regulators

October 20, 2023by

An inquiry will be held to scrutinise the relationship between regulators and the government. The House of Lords Industry and...

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Precise adds 70% LTV resi loans, Kent Reliance launches BTL products   

October 20, 2023by

Precise Mortgages has launched a range of 70% loan-to-value products across its residential range, while Kent Reliance has trimmed...

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GSEs give on COVID loans, but not on putbacks

October 20, 2023by

Enjoy complimentary access to top ideas and insights — selected by our editors. The Mortgage Bankers Association annual gathering...

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Two and five-year deals continue to fall: Moneyfacts

October 20, 2023by

Fixed rate reductions have been the most significant trend in the mortgage market this week, according to moneyfactscompare.co.uk spokesperson...

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