BSA calls for radical Govt action to halt FTB decline

By: ameer@trustedteam.com

The Building Societies Association has called for radical housing reform to halt the decline in home ownership as the number of outstanding owner-occupier mortgages is down by two million...

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Truss says mini-Budget mortgage turmoil was not her fault

By: ameer@trustedteam.com

Liz Truss has refused to apologise for the spike in mortgage rates sparked during her short-lived period as Prime Minister.   ...

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L&C adds BTL specialist Quantum to panel

By: ameer@trustedteam.com

L&C has added specialist buy-to-let lender Quantum Mortgages to its panel. ...

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NatWest, Co-op and Accord raise resi rates by up to 41bps  

By: ameer@trustedteam.com

NatWest, the Co-operative bank for intermediaries and Accord Mortgages will raise residential rates by as much as 41 basis points.   ...

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First-time buyer lending doubles in February

By: ameer@trustedteam.com

The volume of lending to first-time buyers almost doubled year-on-year in February to £11bn, compared to £5.6bn in the same month last year. ...

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Dudley BS reduces expat, self-build rates by up to 35bps  

By: ameer@trustedteam.com

Dudley Building Society will cut rates across its expat and self-build home loans by up to 35 basis points tomorrow (23 April).   ...

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Chancellor mulling stamp duty cut, say reports

By: ameer@trustedteam.com

Chancellor Jeremy Hunt is reported to be considering cuts to stamp duty and national insurance before the next general election in a bid to win over voters. ...

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Results AM added as ASTL associate member

By: ameer@trustedteam.com

Results Asset Management has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an associate member. ...

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Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit

By: ameer@trustedteam.com

Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which alleges that the government-owned company “extinguished,...

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Why private capital should be allowed to provide liquidity to Ginnie Mae servicers

By: ameer@trustedteam.com

Servicers of Ginnie Mae mortgages have been under the regulatory microscope, with concerns about their liquidity attracting significant attention, including from the Financial Stability Oversight Council. Yet the discussion...

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