From faxes to AI: Tavant listening to underwriters to develop new platform

By: ameer@trustedteam.com

Now, AI is not the future of the mortgage industry – it is the present. Shannon Johnson (pictured), product manager at Tavant, has worked in the mortgage industry for almost...

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United Wholesale Mortgage terminates MSU sponsorship

By: ameer@trustedteam.com

United Wholesale Mortgage CEO Mat Ishbia may no longer financially support Michigan State University (MSU) athletes to “avoid conflict” with Ishbia’s professional sports teams, the Phoenix Suns and Phoenix...

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First annual house price fall for 11 years – Halifax

By: ameer@trustedteam.com

House prices fell by 1% over the past year — the first annual decline for 11 years — according to Halifax’s latest house price index.  ...

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Affordability pressures impact Q1 mortgage lending

By: ameer@trustedteam.com

UK Finance’s Household Finance Review for first quarter 2023 reveals that squeezed budgets and higher financing costs are bearing down more heavily on affordability for prospective house buyers. ...

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Bridging loans see strong growth despite tough climate

By: ameer@trustedteam.com

Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued mortgage market.  ...

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Mortgage lending falls in Q1 as affordability pressures increase

By: ameer@trustedteam.com

UK Finance’s Household Finance Review for first quarter 2023 reveals that squeezed budgets and higher financing costs are bearing down more heavily on affordability for prospective house buyers. The same...

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Halifax data shows first annual house price fall for 11 years

By: ameer@trustedteam.com

House prices fell by 1% over the past year — the first annual decline for 11 years — according to Halifax’s latest house price index.  The figures from the UK’s...

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Strong growth in bridging loans, despite economic slowdown

By: ameer@trustedteam.com

Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued mortgage market.  Figures from the Association of Short Term Lenders (ASTL)...

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Buy-to-Let Watch: Long view on short-term lets

By: ameer@trustedteam.com

The government has announced potential changes to the regulatory landscape surrounding short-term property rentals, which include holiday lets and Airbnb. These changes could impact our advice to clients interested in...

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Virgin Money raises BTL, resi variable rates by 50bps  

By: ameer@trustedteam.com

Virgin Money says it has raised mortgage variable revert rates at its brands by 50 basis points, following two Bank of England 25bps base rate hikes in March and...

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