Santander for Intermediaries improves LTI ratios

February 14, 2023by

Santander for Intermediaries has updated the loan-to-income (LTI) ratios in its affordability calculator.  The changes come into effect today (14...

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3mc joins TMA Club’s packager panel

February 14, 2023by

TMA Club has added mortgage desk and packager 3mc to its packager panel. 3mc says its mortgage packages provide solutions...

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Accord cuts BTL mortgage rates by up to 0.24%

February 14, 2023by

Accord has lowered the interest rates on its buy-to-let (BTL) mortgage range by up to 0.24%, effective from tomorrow...

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HECMs prove troublesome for some borrowers and lenders

February 11, 2023by

While reverse mortgages allow older homeowners the opportunity to draw on home equity with minimal risk, problems arising from...

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Whims of the Biden Administration wreak havoc on home lenders

February 11, 2023by

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. If President Joe Biden really wants...

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Equifax cuts 10% of its employees in fourth quarter

February 11, 2023by

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

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Mr. Cooper to buy Roosevelt Management, Rushmore

February 11, 2023by

Mr. Cooper plans to buy an investor in mortgage-related assets and a special servicer in order to brace itself...

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Is Black Knight selling Empower to close the ICE deal?

February 11, 2023by

Black Knight is reportedly placing the Empower loan origination system up for sale in order to gain antitrust approval...

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Baret Kechian, top loanDepot LO, sees bidding wars returning to his market

February 11, 2023by

Beret Kechian, loanDepot’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously...

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Home price growth keeps slowing, but new owners still pay more

February 11, 2023by

Although several housing groups are reporting home-price growth flattening or falling this winter, new research also suggests that the...

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