Hampshire Trust Bank provides £1.2m specialist buy-to-let loan

By: ameer@trustedteam.com

Hampshire Trust Bank’s specialist mortgage division has provided a £12.1m loan facility, at 65% LTV for an eight-property portfolio in Islington, London. This was arranged via brokers Aria Finance for...

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Blog: Corporation tax hike will only impact biggest buy-to-let landlords 

By: ameer@trustedteam.com

I can’t remember the last time there was an official Budget delivered that contained good news for buy-to-let landlords, and this year’s was no exception. The rise in corporation...

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Atom bank appoints Rochford as chair  

By: ameer@trustedteam.com

Atom bank will appoint Lee Rochford as its new chair, replacing Bridget Rosewell when she steps down in September.   Rochford was chief executive at financial services business Arrow Global...

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Owner-occupiers drive rise in England’s 25.2 million homes 

By: ameer@trustedteam.com

The number of homes in England lifted by 232,820 to 25.2 million, driven by a rise in owner-occupied dwellings, government data shows.  Owner-occupied homes rose by 210,000 to 16.1 million...

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Phoebus agrees Aviva equity release contract

By: ameer@trustedteam.com

Aviva is appointing Phoebus to service its equity release portfolio, replacing its legacy servicing system. The new long-term contract follows a full formal selection process and this month Aviva will...

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Mortgage demand drops again as rates cross back over 7%

By: ameer@trustedteam.com

Mortgage applications to purchase a home dropped 4% for the week and were 30% lower than the same week one year ago. Applications to refinance a home loan decreased 5%...

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Industry experts say asset managers boost capital to, and help stabilize, MBS

By: ameer@trustedteam.com

The mortgage-backed securities market might be heading to a prolonged period of wide spreads to Treasurys, which should continue to attract patient money managers willing to ride out this...

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Fannie Mae, Freddie Mac execs confront mortgage repurchase issues

By: ameer@trustedteam.com

From left: MBA Chairman-Elect Mark Jones with Devang Doshi, senior vice president, capital markets at Fannie Mae and Kevin Kauffman, vice president of single-family client engagement at Freddie Mac....

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How mortgage lenders can ensure liquidity and grow today

By: ameer@trustedteam.com

A pair of mortgage lenders had divergent views on picking up more market share right now, given the state of the industry, as part of a Mortgage Bankers Association...

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HBSG releases Property Data Trust Framework v2.0

By: ameer@trustedteam.com

The Home Buying & Selling Technology Group (HBSG) is releasing version two of the Property Data Trust Framework and updated JSON schema. These updates build on the original framework, learnings...

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