Bridging Watch: Our sector may surprise people this year

By: ameer@trustedteam.com

Last year was something of a turning point for the UK property market. After a decade of rock-bottom interest rates and runaway house prices, everything changed in 2022. In just...

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January remortgage instructions increase 33%: LMS

By: ameer@trustedteam.com

The conveyancing services firm found that borrowers who remortgaged in January saw their average monthly payment jump by £239. Data shows that 36% of borrowers increase their loan size last...

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Barclays profit falls 15% to £7bn, despite value of home loans business rising  

By: ameer@trustedteam.com

The high street bank says UK mortgage balances lifted 2.6% to 162.2bn in the period compared to a year ago. Its overall loans and advances to customers fell 2%...

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20 residential servicers ranked by subservicing for others in Q3

By: ameer@trustedteam.com

The top five residential servicers in our ranking have a combined unpaid principal balance of more than $1 trillion at the end of Q3. Many lenders saw an increase...

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Mortgage demand drops as interest rates bounce higher

By: ameer@trustedteam.com

Total mortgage application volume fell 7.7% last week as mortgage rates jumped higher. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.39% last...

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A closer look at how reverse mortgages can fund ADU construction

By: ameer@trustedteam.com

Accessory dwelling units (ADUs) are growing in popularity as potential options for senior housing in their later years. Many seniors want to live independently but be near to family...

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Stewart addresses its entrance into the reverse mortgage space

By: ameer@trustedteam.com

Leading title insurance company Stewart Information Services Corporation (NYSE:STC) recently noted in an earnings call that it saw weaker financial results in Q4 2022 compared to the same period...

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Mortgage prices plunge: Why twisting is cheaper than sticking

By: ameer@trustedteam.com

Are you due to remortgage and wondering whether it’s better to do nothing and revert to your lender’s default rate until interest rates drop? ...

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Status quo ‘is not acceptable’ for Home Loan banks, FHFA chief says

By: ameer@trustedteam.com

Federal Housing Finance Agency Director Sandra Thompson is calling for an end to "the status quo" at the Federal Home Loan Bank System and for more funding for underserved,...

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LiveMore Capital sets up social bond framework

By: ameer@trustedteam.com

LiveMore Capital has set up a social bond framework as part of its environmental, social and governance (ESG) strategy. Social bonds are used to finance projects which address social issues,...

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