FCA confirms help for borrowers struggling with payments

By: ameer@trustedteam.com

The Financial Conduct Authority (FCA) has published its confirmed guidance to set out how mortgage lenders can help customers worried about or already struggling with their mortgage payments because...

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Clydesdale Bank cuts selected product transfer rates

By: ameer@trustedteam.com

Clydesdale Bank has reduced 65% and 75% loan-to-value (LTV) residential product transfer rates for existing customers. As part of the changes, two-year fixed rates with a fee of £499 now...

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Feature: Twenty questions – Jeremy Duncombe on 20 years of Accord

By: ameer@trustedteam.com

Piet Johnson photography Piet Johnson photography Piet Johnson photography Piet Johnson photography Once upon a time, in the not-too-distant past, a broker was quoted as saying, “I would rather set myself on fire...

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Coventry increases rates on owner-occupied products

By: ameer@trustedteam.com

Coventry has increased rates on its owner-occupied mortgage products. The lender will increase all standard two-, three- and five-year new business fixed rates including offset and interest only. It will also...

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State Farm drops federal court lawsuit against Fannie Mae

By: ameer@trustedteam.com

State Farm paid out more than $75,000 for the homeowner’s claim as a result of the fire, and it sought to recover these funds through the lawsuit. Filing a motion...

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2023 Best Mortgage Companies to Work For

By: ameer@trustedteam.com

National Mortgage News is proud to present the fifth annual Best Mortgage Companies to Work For list, which offers a spotlight to lenders that are supportive employers while also...

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LoanDepot reports growing losses, more staff cuts

By: ameer@trustedteam.com

LoanDepot's cost-cutting measures did not prevent the mortgage lender from landing in the red in the fourth quarter. The Foothill Ranch, California-based mortgage company disclosed Wednesday a net loss...

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ColCap buys 80% stake in digital lender Molo  

By: ameer@trustedteam.com

Australian finance firm ColCap Financial has acquired an 80% stake in digital lender Molo in a move that will lead to further expansion in the UK.   ...

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MFS secures £500m of new institutional funding

By: ameer@trustedteam.com

Market Financial Solutions (MFS) has secured £500m of new institutional funding. ...

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Tipton & Coseley Building Society home loan lending hits £108m 

By: ameer@trustedteam.com

Tipton & Coseley Building Society reported its mortgage book lifted 6.8%, with gross mortgage lending hitting £108m last year, despite “financial market turmoil arising from the government’s mini-Budget in...

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