United Trust Bank lifts maximum standard bridging loan to 75% LTV  

December 7, 2023by

United Trust Bank has lifted its maximum loan-to-value ratio for first charge standard bridging loans to 75% from 70%....

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Second charge mortgage lending down 13% in October  

December 7, 2023by

 The second charge mortgage market reported a fall in business volumes in October with lending figures down by 13%. The...

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FTBs sizing down to step onto property ladder

December 7, 2023by

First-time buyers are increasingly choosing smaller properties in order to get on the housing ladder. This is according to a...

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Opinion: To support low-income borrowers, return Fannie Mae and Freddie Mac to the private sector

December 7, 2023by

Since the 2008 housing crisis, there have been significant changes that prompted the Treasury to place Fannie Mae and...

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Adult child-turned-caregiver offers tips for aging in place

December 6, 2023by

Aging in place is the dominant preference among a raft of options aging seniors may have for later life....

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Reverse mortgage endorsements see a sharp drop as HMBS issuance falls modestly in November

December 6, 2023by

As the reverse mortgage industry prepares to enter a new year with hopes pinned on a higher HECM limit...

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Pennymac rolls out new home equity loan product for broker partners 

December 6, 2023by

California-based Pennymac Financial Services’s broker division, Pennymac TPO, launched a home equity loan product as tappable home equity nears...

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Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

December 6, 2023by

The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a...

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Saga partners with Tembo on mortgage launch

December 6, 2023by

Products and services firm Saga has partnered with digital mortgage broker Tembo to launch Saga Mortgages. Saga customers can access...

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Three quarters of landlords have hiked rent in 2023

December 6, 2023by

Three in four buy-to-let landlords (76%) have raised rent over the past year with the main reason being to...

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