Indiana senator explains his inquiries into reverse mortgages

By: ameer@trustedteam.com

Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna McCargo asking about what he identified as recent bouts of instability in both...

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Buying A Home With An FHA Loan After A Deed-In-Lieu Of Foreclosre

By: ameer@trustedteam.com

March 27, 2024 If you experienced trouble with a past home loan and made arrangements to surrender the deed of the home in lieu of foreclosure, it is easy to...

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Podcast: Mortgage Mavericks: Richard Rowntree’s Winning Strategies

By: ameer@trustedteam.com

Tune in to the latest Mortgage Strategy Awards podcast episode hosted by Kimberley Dondo, featuring Richard Rowntree, Managing Director Mortgages at Paragon Banking Group. In this insightful conversation, Richard...

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Resi transactions up for second month in row: HMRC

By: ameer@trustedteam.com

The latest data from HMRC shows that on a seasonally adjusted basis, residential transactions in February show a second consecutive month-on-month increase, rising 1% from 81,930 in January 2024...

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CHL Mortgages cuts landlord rates by up to 37bps 

By: ameer@trustedteam.com

CHL Mortgages has reduced landlord prices by as much as 37 basis points, with its standard buy-to-let two-year fixed-rate deals now starting at 3.00%.   ...

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Resi transactions up over month but down year-on-year: HMRC

By: ameer@trustedteam.com

The latest data from HMRC shows that on a seasonally adjusted basis, residential transactions in February show a second consecutive month-on-month increase, rising 1% from 81,930 in January 2024...

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BTL returns fall despite rental income growth

By: ameer@trustedteam.com

The total return of the average buy-to-let property has reduced by 6% over the last two years, driven by a sharp increase in mortgage costs and agency fees and...

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FCA investigation leads to two convictions for mortgage fraud

By: ameer@trustedteam.com

A mortgage adviser and his colleague have been given a suspended prison sentence following a conviction for systemic fraud offences. ...

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FHL launches new five-year fix for landlords

By: ameer@trustedteam.com

Foundation Home Loans has launched a new limited edition five-year fix through its buy-to-let brand as it looks to extend its core BTL proposition. ...

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Surge in house sales as more properties come to market: Zoopla

By: ameer@trustedteam.com

Housing market activity has increased significantly in recent months, despite property prices remaining flat, according to the latest market figures published by Zoopla. ...

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