Why the Fed’s actions may only go so far to support mortgages

By: ameer@trustedteam.com

Federal Reserve officials are likely to keep limiting their mortgage-backed securities activity to runoff the way the industry would like, but that won't necessarily narrow spreads to Treasuries that...

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Texas Capital secures portion of funds it lent to RMF parent

By: ameer@trustedteam.com

Texas Capital Bank (TCB), a warehouse lender for failed reverse mortgage industry lender Reverse Mortgage Funding (RMF), secured a portion of the $28.6 million debtor-in-possession financing it provided to...

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Foundation cuts rates and adds 7-year BTL product

By: ameer@trustedteam.com

Foundation Home Loans has cut rates on its owner-occupied and buy-to-let product ranges and introduced a new seven-year fixed-rate buy-to-let product. The specialist lender has made cuts of up to...

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Construction lifts in September after falling for two months: ONS  

By: ameer@trustedteam.com

Construction output lifted 0.4% in September, after falling for two consecutive months, according to estimates from the Office for National Statistics.   The rise in volumes came solely from a...

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Perenna partners with Mortgage Advice Bureau and Stonebridge

By: ameer@trustedteam.com

Perenna has partnered with Mortgage Advice Bureau and Stonebridge as they prepare their broker panel for launch at the start of 2024. ...

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Furness BS adds resi, landlord and holiday let offers

By: ameer@trustedteam.com

Furness Building Society has launched a range of residential, buy-to-let and holiday let products.   ...

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Construction rises in September after two months of falls: ONS  

By: ameer@trustedteam.com

Construction output lifted 0.4% in September, after falling for two consecutive months, according to estimates from the Office for National Statistics.   ...

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Bluestone Mortgages cuts rates on product range

By: ameer@trustedteam.com

Bluestone Mortgages today announced rate reductions across its entire fixed rate product range including two, three and five-year products. ...

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Bluestone Mortgages cuts rates on product range

By: ameer@trustedteam.com

Bluestone Mortgages today announced rate reductions across its entire fixed rate product range including two, three and five-year products. The rate reductions on products such as AA, A and BBB...

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Weekly rate watch: Prices slide

By: ameer@trustedteam.com

Average fixes continued to fall this week, as lenders battle for customers while the Bank of England base rate remains stable.   ...

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