GRiD announces Colin Fitzgerald as new chair  

By: ameer@trustedteam.com

Group Risk Development (GRiD) has appointed Colin Fitzgerald as its new chair. He succeeds Paul White whose three-year tenure has come to an end.   Fitzgerald is the distribution director of...

Read More

MT Finance cuts landlord rates by up to 100bps  

By: ameer@trustedteam.com

MT Finance has cut rates across its range of 16 buy-to-let loans by up to 100 basis points.   ...

Read More

MT Finance brings down BTL rates by up to 100bps  

By: ameer@trustedteam.com

MT Finance has cut rates across its range of 16 buy-to-let loans by up to 100 basis points.   The specialist lender says its landlord rates now start from 4.65%...

Read More

MFA Financial sponsors $294.5 million in MBS

By: ameer@trustedteam.com

MFA Financial is preparing a $294.5 million securitization of home mortgages, amid what Fitch Ratings determined is a deteriorating outlook for the U.S. residential MBS asset class.The sponsor will...

Read More

Tandem Bank reduces resi rates, simplifies criteria guide  

By: ameer@trustedteam.com

Tandem has reduced rates for its residential first charge products by up to 0.96%. ...

Read More

Perenna joins Mortgage Advice Bureau, Stonebridge lender panels   

By: ameer@trustedteam.com

Perenna has opened its long-term mortgages to a wider range of brokers, after joining the lender panels of the Mortgage Advice Bureau and Stonebridge, adding that more will follow....

Read More

Adverse credit customers increasingly seeking broker advice

By: ameer@trustedteam.com

Nearly six in 10 (58%) people with adverse credit would seek the advice of a mortgage broker, according to the latest Pepper Money Specialist Lending Study. The research found that...

Read More

Asking prices hit four-year January high: Rightmove  

By: ameer@trustedteam.com

Average new seller asking prices rose by 1.3% to £359,748 in the month to January, the biggest monthly increase in prices at the start of the year since 2020,...

Read More

Number of price cuts drops as housing inventory rises

By: ameer@trustedteam.com

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is...

Read More

Serious delinquencies hit 1999 low; tax, insurance costs up

By: ameer@trustedteam.com

The latest round of loan performance numbers adds to evidence there's relative strength in mortgages compared to other consumer finance sectors, but there are still reasons to worry about...

Read More