Virgin Money raises BTL, resi variable rates by 50bps  

By: ameer@trustedteam.com

Virgin Money says it has raised mortgage variable revert rates at its brands by 50 basis points, following two Bank of England 25bps base rate hikes in March and...

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Pure Retirement joins Finova payment and mortgage services panel  

By: ameer@trustedteam.com

Finova has added lifetime mortgage lender Pure Retirement to its payment and mortgage services panel.   ...

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Record month of lending for Glenhawk

By: ameer@trustedteam.com

Glenhawk reports a record month of lending in May, providing £54m of short-term finance. This represented a 47% increase on the previous record month and a 34% increase in...

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Vida launches 2-year limited edition BTL loan at 5.19%  

By: ameer@trustedteam.com

Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%.   The specialist lender says the loan, on Vida Tier...

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Vida debuts 2-year limited edition landlord loan at 5.19%  

By: ameer@trustedteam.com

Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%.   ...

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Cenlar FSB announces string of promotions in wholesale division

By: ameer@trustedteam.com

Meanwhile, Watson will be responsible for all revenue pricing generated by the subservicing business. He joined Cenlar in 2016 and most recently served as a senior pricing analyst. “I am...

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Fannie Mae adds new board director

By: ameer@trustedteam.com

Fannie Mae has tapped Chetlur S. Ragavan to serve as a member of its board of directors, as well as its risk policy and capital committee and nominating and...

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UMortgage snaps up MC Mortgage Group

By: ameer@trustedteam.com

UMortgage has announced adding North Carolina-based brokerage MC Mortgage Group to its mortgage platform. MC Mortgage, a 2020 MPA Top Mortgage Employer, was founded in 2005 by industry veteran Patrick...

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Mortgage 1st buys Derbyshire rival Peak Mortgages & Protection    

By: ameer@trustedteam.com

Brokerage Mortgage 1st has bought fellow Derbyshire-based firm Peak Mortgages & Protection for an undisclosed sum.   Mortgage 1st, founded in 2008 by Jon Stones, says the acquisition will boost...

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