United Trust Bank promotes trio to oversee sales and distribution

By: ameer@trustedteam.com

United Trust Bank Mortgages for Intermediaries has promoted three members of its sales team, as the lender bids to bolster links with brokers and grow distribution. Chris Pedlar and Jigar...

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Paragon joins Mortgage Industry Mental Health Charter

By: ameer@trustedteam.com

Paragon Bank has signed up to the Mortgage Industry Mental Health Charter (MIMHC), the not-for-profit organisation helping financial services businesses support their staff. Paragon joins the seven co-founding firms plus...

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Nationwide lifts switcher, additional borrowing rates by up to 20bps

By: ameer@trustedteam.com

Nationwide has lifted two- and five-year fixed-rate switcher and additional borrowing products by between 5 basis points and 20bps. New prices from the mutual in this range include: Two-year additional borrowing...

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Prime London house values back to 2014 levels

By: ameer@trustedteam.com

The prime London sales market recorded both price and transaction falls in February, according to the latest data of the prime London housing market by independent property analysts LonRes. ...

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Mortgage Industry Mental Health Charter adds Paragon as signatory

By: ameer@trustedteam.com

Paragon Bank has signed up to the Mortgage Industry Mental Health Charter (MIMHC), the not-for-profit organisation helping financial services businesses support their staff. ...

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UK properties for sale up over a half: Jackson-Stops

By: ameer@trustedteam.com

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to 2022, according to new analysis by national estate agency Jackson-Stops. ...

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Nations Direct Mortgage says breach hit 83,000 customers

By: ameer@trustedteam.com

A cyberattack in December compromised the sensitive data of 83,108 customers of Nations Direct Mortgage, the lender disclosed March 14.The Henderson, Nevada-based wholesale company revealed few details of the...

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Home buyers and sellers to be spared automatic broker commissions under $418 million settlement

By: ameer@trustedteam.com

A home available for sale is shown on October 16, 2023 in Austin, Texas. Brandon Bell | Getty Images The National Association of Realtors has agreed to a landmark settlement that...

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How to be a leader in mortgage, according to one Chief Lending Officer

By: ameer@trustedteam.com

At age 20, Christy Soukhamneut was "dropped in the deep end of the pool" and found herself a mortgage president and CEO in her first job out of college.Since...

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What happens in a cyber attack? Experts discuss incident response

By: ameer@trustedteam.com

Over the past few months, cybercriminals have been attacking mortgage players at an alarming rate.Major companies like Loandepot and Mr. Cooper are reeling financially from recent incidents, while businesses...

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