Customers with poor credit histories face ‘challenging’ 12 months: Broker poll 

By: ameer@trustedteam.com

Customers with adverse credit will find it the most challenging to secure a mortgage over the coming year, a broker poll shows.  ...

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Bank crisis puts money market funds back in the spotlight

By: ameer@trustedteam.com

The Federal Reserve's overnight repo facility has been utilized by money market funds to a large extent, and may be contributing to dramatic outflows of deposits from banks since...

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Blog: The rise of the robots

By: ameer@trustedteam.com

At the end of March, more than a thousand experts in artificial intelligence signed a letter airing their concerns about the future of AI. Tools like ChatGPT and AI image...

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TMA Club partners with Howden over PII discounts  

By: ameer@trustedteam.com

TMA Club has launched a partnership with Howden that will see the specialist insurance broker provide the network’s members with discounted professional indemnity insurance.   The insurer says any firm...

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Accord cuts BTL interest coverage ratio rates by up to 100bps  

By: ameer@trustedteam.com

Accord Mortgages has cut the interest coverage ratio rates it applies to landlords by as much as 100 basis points.   The buy-to-let lender says when landlords are remortgaging on...

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New second charge business down for February but up annually: FLA

By: ameer@trustedteam.com

February saw a 10% drop in new business for second charge mortgage agreements compared to February 2022, according to the Finance and Leasing Association (FLA). ...

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TMA Club partners with Howden over professional indemnity insurance discounts for members

By: ameer@trustedteam.com

TMA Club has launched a partnership with Howden that will see the specialist insurance broker provide the network’s members with discounted professional indemnity insurance.   ...

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Lack of home listings is taking a toll on mortgage demand

By: ameer@trustedteam.com

Mortgage applications to purchase a home dropped 4% last week compared with the previous week. New listings were down 20% year over year in March, according to Realtor.com, and total...

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Government mortgage loan demand drops as affordability issues loom

By: ameer@trustedteam.com

Mortgage rates declined last week as headlines on the bank crisis slowed, which could have spurred borrowers’ demand for home loans. But that did not happen, as the affordability...

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Blog: Landlords remain positive about buy-to-let prospects

By: ameer@trustedteam.com

While the landscape has certainly improved since the new year, there’s no question landlords have needed to show real resilience over the past nine months or so.   In truth, the...

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