Industry analysis by debt advisory specialists Sirius Property Finance reveals the cost of development finance has increased by just 0.1% since Q1. This comes despite significant interest rate hikes to...
Read MoreThe UK’s largest housebuilder, Barratt Developments, has seen a significant fall in profits as rising interest rates and the end of help-to-buy dampens first-time buyer demand. In its latest trading statement,...
Read MoreEleven percent of Americans would run with the bulls to get out of their debt, a survey by Beyond Finance said. Twelve percent would swim with the sharks, and...
Read MoreFlorida, Illinois and Nevada recently enacted legislation that will clarify and open up work-from-home opportunities for mortgage loan officers, fueling momentum for a growing movement within the industry. The additions...
Read MoreSeparation of a small team from the general department. Start your own business with colleagues. Partnership and collaboration. Dump unnecessary staff and transfer the team core to a new...
Read MoreUK banks have sufficient reserves to withstand an extreme economic shock, that is more severe than the 2007-08 financial crisis, and significantly worse than current forecasts, according to the...
Read MoreSecond charge new business loans fell by 11% to £120m in May, compared to the same period year ago, according to data from the Finance & Leasing Association, despite...
Read MoreImla and Ami have published a joint online guide to lender funding for mortgage professionals, due to “recent and ongoing interest rate volatility”. The guide – called ‘Understanding lender...
Read MoreStress testing has shown UK banks would remain resilient even if current economic conditions deteriorated, and there was a macroeconomic shock more severe than the 2007-08 financial crisis. ...
Read MoreAs mortgage rates reached their 2023 peak, mortgage applications rose slightly but remained very low last week. For the week that ended July 7, mortgage applications rose 0.9% from the...
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