UWM initiates 100 bps discount for conventional rate-and-term refis 

By: ameer@trustedteam.com

United Wholesale Mortgage (UWM) announced Wednesday that it’s allowing its broker partners to offer a temporary discount of 100 basis points (bps) for conventional rate-and-term refinances. The discount is valid...

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MFG Rated for Service Awards 2024 – broker analysis

By: ameer@trustedteam.com

Did ARs or DAs receive the best service and does case size matter? ...

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As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data 

By: ameer@trustedteam.com

One of the biggest takeaways from the Wednesday press conference held by Federal Reserve Chair Jerome Powell is that the central bank isn’t likely to cut interest rates in...

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One Mortgage System partners with conveyancing platform Smoove  

By: ameer@trustedteam.com

One Mortgage System has announced a software tie-up with conveyancing platform Smoove.   ...

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Equity release borrowers cautious in higher rate environment

By: ameer@trustedteam.com

Last year, 26,119 customers took out new equity release plans, with drawdown plans restored as the majority preference. Across 2023, there was total lending of £2.6bn, returning the market to...

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Seven lenders join Knowledge Bank’s Notify service   

By: ameer@trustedteam.com

Criteria search engine Knowledge Bank says seven new lenders have joined its Notify service, which helps brokers and lenders find each other and place cases faster, since the start...

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HSBC Life expands underwriting for mental illness disclosures

By: ameer@trustedteam.com

HSBC Life UK has expanded its underwriting policy for mental illness disclosures made during a life and critical illness cover application. The insurer said the change builds on the drive...

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One Mortgage System ties up with conveyancing platform Smoove  

By: ameer@trustedteam.com

One Mortgage System has announced a software tie-up with conveyancing platform Smoove.   The customer relationship management firm for brokers and lenders says the integration will provide its users with...

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Knowledge Bank adds seven lenders to its Notify case service   

By: ameer@trustedteam.com

Criteria search engine Knowledge Bank says seven new lenders have joined its Notify service, which helps brokers and lenders find each other and place cases faster, since the start...

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Suffolk BS intros resi deal without ERCs, reduces holiday lets by 20bps  

By: ameer@trustedteam.com

Suffolk Building Society has launched a standard residential mortgage deal without early repayment charges and cut selected holiday let offers by 20 basis points.   ...

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