CFPB asks for public comment on Reg Z’s mortgage LO rules

By: ameer@trustedteam.com

The Consumer Financial Protection Bureau (CFPB) on Friday issued an official request for comment as it conducts a review of Regulation Z’s mortgage loan originator rules. The CFPB is...

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Banks to pay $4.7 billion in compensation to customers

By: ameer@trustedteam.com

ASIC has announced six of Australia's largest banking and financial services institutions have paid or offered to pay a total of $4.7 billion in compensation to customers who suffered...

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Construction output weakest since June 2022: ONS

By: ameer@trustedteam.com

The volume of monthly construction output fell by 1.7% in January, says the Office for National Statistics (ONS). This is the weakest level witnessed since June 2022, when the ONS...

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FCA confirms lender guidance for supporting borrowers

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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Monthly construction output hits 7-month low: ONS

By: ameer@trustedteam.com

The volume of monthly construction output fell by 1.7% in January, says the Office for National Statistics (ONS). ...

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Paragon issues new five-year BTL fixes

By: ameer@trustedteam.com

Paragon Bank has brought out a set of limited edition five-year fixed rate buy-to-let mortgages. Available at up to 75% LTV and aimed at portfolio landlords, rates start at 4.90%...

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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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