Stewart addresses its entrance into the reverse mortgage space

By: ameer@trustedteam.com

Leading title insurance company Stewart Information Services Corporation (NYSE:STC) recently noted in an earnings call that it saw weaker financial results in Q4 2022 compared to the same period...

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Mortgage prices plunge: Why twisting is cheaper than sticking

By: ameer@trustedteam.com

Are you due to remortgage and wondering whether it’s better to do nothing and revert to your lender’s default rate until interest rates drop? ...

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Status quo ‘is not acceptable’ for Home Loan banks, FHFA chief says

By: ameer@trustedteam.com

Federal Housing Finance Agency Director Sandra Thompson is calling for an end to "the status quo" at the Federal Home Loan Bank System and for more funding for underserved,...

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LiveMore Capital sets up social bond framework

By: ameer@trustedteam.com

LiveMore Capital has set up a social bond framework as part of its environmental, social and governance (ESG) strategy. Social bonds are used to finance projects which address social issues,...

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West One Loans adds SimplyBiz Mortgages to resi panel

By: ameer@trustedteam.com

West One Loans has added SimplyBiz Mortgages to its residential mortgage intermediary panel. The addition of SimplyBiz will allow the mortgage club’s directly authorised to access West One’s specialist residential...

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Pepper Money hires Voss as CFO after former head takes ESG role

By: ameer@trustedteam.com

Pepper Money has hired Andrew Voss as chief financial officer at the specialist lender.   He replaces the firm’s previous chief financial officer, Anthony Keeble, who moves into the newly-created...

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Santander for Intermediaries improves LTI ratios

By: ameer@trustedteam.com

Santander for Intermediaries has updated the loan-to-income (LTI) ratios in its affordability calculator.  The changes come into effect today (14 February). For those with a combined income of less than £45,000...

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3mc joins TMA Club’s packager panel

By: ameer@trustedteam.com

TMA Club has added mortgage desk and packager 3mc to its packager panel. 3mc says its mortgage packages provide solutions for advisers on cases they deal with on an infrequent...

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Accord cuts BTL mortgage rates by up to 0.24%

By: ameer@trustedteam.com

Accord has lowered the interest rates on its buy-to-let (BTL) mortgage range by up to 0.24%, effective from tomorrow (15 February). The new rates will see a two-year fixed rate...

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HECMs prove troublesome for some borrowers and lenders

By: ameer@trustedteam.com

While reverse mortgages allow older homeowners the opportunity to draw on home equity with minimal risk, problems arising from flaws in program structure are causing headaches for borrowers and...

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