Santander for Intermediaries has updated the loan-to-income (LTI) ratios in its affordability calculator. The changes come into effect today (14 February). For those with a combined income of less than £45,000...
Read MoreTMA Club has added mortgage desk and packager 3mc to its packager panel. 3mc says its mortgage packages provide solutions for advisers on cases they deal with on an infrequent...
Read MoreAccord has lowered the interest rates on its buy-to-let (BTL) mortgage range by up to 0.24%, effective from tomorrow (15 February). The new rates will see a two-year fixed rate...
Read MoreWhile reverse mortgages allow older homeowners the opportunity to draw on home equity with minimal risk, problems arising from flaws in program structure are causing headaches for borrowers and...
Read MoreEDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. If President Joe Biden really wants to win reelection in 2024, he should leave the mortgage...
Read MoreCredit reporting agency Equifax cut 10% of its employees and contractors in the fourth quarter.That amounts to 2,350 workers being let go, according to its fourth quarter earnings report...
Read MoreMr. Cooper plans to buy an investor in mortgage-related assets and a special servicer in order to brace itself for a potential credit-cycle shift, executives revealed during an earnings...
Read MoreBlack Knight is reportedly placing the Empower loan origination system up for sale in order to gain antitrust approval for its acquisition by Intercontinental Exchange.From the day the deal...
Read MoreBeret Kechian, loanDepot’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023. Kechian – who was...
Read MoreAlthough several housing groups are reporting home-price growth flattening or falling this winter, new research also suggests that the drop-offs may be approaching bottom, leaving lingering affordability issues unresolved.Median...
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