MPowered Mortgages uses AI to automate application process

By: ameer@trustedteam.com

MPowered Mortgages is now using artificial intelligence tools to speed up and simplify the mortgage application process for brokers and customers.  This is part of a series of platform enhancements to...

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Distressed property buyers expect prices to drop

By: ameer@trustedteam.com

Nearly one-third of distressed property purchasers expect home prices to decline in their local market this year, this sentiment almost doubling from last year, an Auction.com survey found.Most of...

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Planet Home buys assets from Illinois-based lender

By: ameer@trustedteam.com

Planet Home Lending is adding production personnel and a network of 20 retail offices through an acquisition it announced Thursday that will expand its presence in Western markets.Platinum Home...

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New shared-ownership deal from Bucks BS

By: ameer@trustedteam.com

Buckinghamshire Building Society is introducing a new shared ownership proposition with rates slashed by 30bps from their previous offering. ...

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Sorting a mortgage harder than arranging a wedding – Lendinvest

By: ameer@trustedteam.com

A survey by Lendinvest of 1,000 people across the UK, (focusing primarily on the self-employed and those with complex income streams), found that 30% had been rejected for a...

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20 bank lenders with the largest HELOC volume in Q1

By: ameer@trustedteam.com

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five lenders in our ranking have a combined HELOC volume of more than $91...

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Hanley BS launches two-year fee-free fix

By: ameer@trustedteam.com

Hanley Economic Building Society is launching a fee-free two-year fixed rate shared ownership mortgage available up to 95% loan-to-value (LTV) with a headline rate of 5.64%. The product will offer...

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Feature: Is digital advice the future ­or a passing fad?

By: ameer@trustedteam.com

Robo advisers and digital brokers were hailed as the new ‘big thing’ in mortgages six or seven years ago. Fintech firms predicted game-changing, artificial intelligence mortgage brokering that would...

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JMT Finance enters bridging finance market

By: ameer@trustedteam.com

JMT Finance is extending its lending proposition into the bridging finance sector. The commercial property lender is launch a bridging loan which is available up to 80% LTV with rates...

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Property transactions fall sharply – HMRC

By: ameer@trustedteam.com

The latest figures from the HMRC show a marked fall in housing transactions. The provisional non-seasonally adjusted estimate of the number of UK residential transactions in April 2023 is 67,220, 32% lower...

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