A credit union teams with HGTV house flippers to revitalize Detroit

By: ameer@trustedteam.com

Keith Bynum, left, and Evan Thomas, co-hosts of HGTV's "Bargain Block", are partnering with Community Financial Credit Union. "Anything that can encourage more investment in these communities, I think,...

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How do you choose a conveyancing lawyer?

By: ameer@trustedteam.com

You’ve found the perfect home, had your offer accepted and your mortgage is sorted. Now work begins to find a solicitor – known as a conveyancer – to do...

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The homebuilders got lucky this time

By: ameer@trustedteam.com

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a...

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Foundation cuts rates by up to 180bps and adds discount products

By: ameer@trustedteam.com

Foundation Home Loans has lowered rates across its owner-occupier and buy-to-let (BTL) product ranges. In the owner-occupier range, Foundation has made rate reductions of up to 150 basis points (bps)...

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Ginnie Mae reduces minimum size required for HMBS pools

By: ameer@trustedteam.com

Ginnie Mae announced on Thursday that it has reduced the required minimum size from $1,000,000 to $250,000 for all Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) pool types, according...

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TMA Club adds two exclusive fixes from Principality BS

By: ameer@trustedteam.com

TMA Club has launched two new two-year fixed-rate mortgage products with Principality Building Society. The club’s directly authorised (DA) brokers can now access two of Principality Building Society’s exclusive fixed-rate...

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Suffolk Building Society lifts mortgage book by 7% 

By: ameer@trustedteam.com

The mutual says its housing loan book lifted 7% to £655m “due to high demand earlier in the year, particularly for remortgages, as interest rates rose, and homeowners and...

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Purplebricks considers sale after it announces profit warning

By: ameer@trustedteam.com

Purplebricks could be sold after the group warned that costs from a “turnaround plan” had proved higher than expected. In a statement released today, the UK online estate agent said...

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NatWest cuts resi and BTL rates

By: ameer@trustedteam.com

NatWest has made a number of cuts to its buy-to-let (BTL) and residential mortgages for both new customers and existing customers. Highlights of these changes are as follows: For new business,...

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Second charge agreements fell 3% in December: FLA

By: ameer@trustedteam.com

The number of new second charge agreements fell by 3% in December, compared to the same month the previous year, the latest figures from the Finance and Leasing Association...

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