Reacceleration in construction costs a ‘return to trend’: CoreLogic

By: ameer@trustedteam.com

The latest Cordell Construction Cost Index (CCCI) has recorded a growth rate of 0.8 per cent in the cost to build a typical new dwelling over the three months...

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ME Bank to pay $820k for home loan failures

By: ameer@trustedteam.com

The charges related to behaviour between 25 May 2018 and 3 September 2018, when ME Bank sent 589 letters to home loan customers informing them of incorrect minimum repayment...

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Who Qualifies For FHA Loans?

By: ameer@trustedteam.com

January 19, 2024 Whether you’re interested in building a house from the ground up on your own lot or need a mobile home or condo unit, there is an FHA...

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UTB cuts second charge rates by up to 70bps, lifts LTI cap  

By: ameer@trustedteam.com

United Trust Bank Mortgages for Intermediaries has cut interest rates across its second charge range by up to 70 basis points, with five-year fixes for prime borrowers starting at...

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Bluestone bolsters BDM team with new addition

By: ameer@trustedteam.com

Bluestone Mortgages has appointed Steve Bailey as the South East of England’s field-based business development manager, a newly created role as part of the firm’s ongoing commitment to grow...

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Mortgage Brain adds Perenna to sourcing and criteria platforms  

By: ameer@trustedteam.com

Technology provider Mortgage Brain has welcomed Perenna to its Sourcing Brain and Criteria Brain platforms. Perenna is a mortgage bank that specialises in flexible long-term fixed rate residential mortgages. The...

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Coventry BS, Clydesdale and Saffron BS cut fixes  

By: ameer@trustedteam.com

Coventry for intermediaries, Clydesdale Bank and Saffron for Intermediaries have cut prices as lenders take advantage of stable base and swap rates.   Coventry for intermediaries has reduced the majority...

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UTB reduces second charge rates by up to 70bps, raises LTI cap  

By: ameer@trustedteam.com

United Trust Bank Mortgages for Intermediaries has cut interest rates across its second charge range by up to 70 basis points, with five-year fixes for prime borrowers starting at...

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Summit Funding secures top talent

By: ameer@trustedteam.com

In a statement, Rigdon said his goal is to “implement forward-thinking marketing strategies that not only elevate our brand but also provide tangible benefits to our loan officers and...

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Newrez’s affordable lending program targets first-time homebuyers in MSAs

By: ameer@trustedteam.com

RezFund doesn’t have applicable income limits, with a lender contribution of up to $8,000 for down payment and/or closing costs. The program is currently available in numerous MSAs across the...

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