Footing the appraisal bill may be costing lenders thousands

By: ameer@trustedteam.com

Mortgage shops should turn their attention to revenue leakage from appraisal fee collection, a blog from Stratmor Group argues.Though footing the bill for an appraisal may seem minor, it...

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Trade groups seek to provide input on VA’s new foreclosure program

By: ameer@trustedteam.com

Two influential trade groups in the mortgage industry want the Department of Veterans Affairs to open up a commentary period for a soon-to-be implemented foreclosure prevention solution dubbed the...

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Octane reveals mortgage approvals will be down 11% for year

By: ameer@trustedteam.com

Mortgage approval levels are forecast to decline by 11% annually come the end of 2023, although short-term positivity is expected with an uplift in activity during the second half...

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HSBC unveils FTB, remo rate cuts of up to 35bps  

By: ameer@trustedteam.com

HSBC has detailed that its loans to homemovers, first-time buyers and remortgagers will be cut by up to 35 basis points, across its loan-to-value range.    The high street bank...

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HSBC details FTB, remo rate cuts of up to 35bps  

By: ameer@trustedteam.com

HSBC has detailed that its loans to homemovers, first-time buyers and remortgagers will be cut by up to 35 basis points, across its loan-to-value range.    ...

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Atelier appoint Robertson as lending manager for Scotland

By: ameer@trustedteam.com

Specialist lender Atelier has appointed Bruce Robertson to spearhead the expansion of its lending to property developers in Scotland. ...

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Market remains stable after latest BoE rate rise: Rightmove

By: ameer@trustedteam.com

The market has remained relatively calm since the Base Rate increase, and those looking to take out a mortgage soon will be hoping this period of stability continues for...

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Shawbrook unveils new fixed-rate deals

By: ameer@trustedteam.com

Shawbrook has unveiled two new mortgage products for its buy-to-let (BTL), commercial, and semi-commercial ranges. The offerings include a new two-year fixed rate mortgage and a 10-year fixed rate...

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MPowered Mortgages reduces rates across resi range

By: ameer@trustedteam.com

MPowered Mortgages has reduced rates across its range of prime residential mortgage products. All mortgage rates on its two, three and five-year fixed rates have been cut by at least...

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Mortgage rates show ‘early signs of modest decline’: Bloomberg  

By: ameer@trustedteam.com

Early signs of “a very modest decline in UK mortgage rates could offer some respite to the domestic housing market,” says the Bloomberg Intelligence unit.    The research group points...

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