Florida, Illinois add remote work legislation for originators

July 12, 2023by

Florida, Illinois and Nevada recently enacted legislation that will clarify and open up work-from-home opportunities for mortgage loan officers,...

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Top-performing UMortgage branch breaks away to start its own shop

July 12, 2023by

Separation of a small team from the general department. Start your own business with colleagues. Partnership and collaboration. Dump...

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UK banks able to withstand severe economic shock

July 12, 2023by

UK banks have sufficient reserves to withstand an extreme economic shock, that is more severe than the 2007-08 financial...

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Second charge loans fall by 11% in May: FLA 

July 12, 2023by

Second charge new business loans fell by 11% to £120m in May, compared to the same period year ago,...

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Imla and Ami publish lender funding Q&A guide  

July 12, 2023by

Imla and Ami have published a joint online guide to lender funding for mortgage professionals, due to “recent and...

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BoE: UK banks pass latest stress tests

July 12, 2023by

Stress testing has shown UK banks would remain resilient even if current economic conditions deteriorated, and there was a...

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Purchase applications tick up but remain at a very low level

July 12, 2023by

As mortgage rates reached their 2023 peak, mortgage applications rose slightly but remained very low last week.   For the week...

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Home price gains ease to lowest level in 11 years

July 12, 2023by

“After peaking in the spring of 2022, annual home price deceleration continued in May,” CoreLogic chief economist Selma Hepp...

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PrimeLending expedites mortgage approval process for customers

July 12, 2023by

“1Day AdvantEDGE represents a significant leap forward in the mortgage industry,” said PrimeLending chief production officer Tim Elkins. “We...

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Calls for govt action as landlords face steep rise in BTL repayments

July 12, 2023by

There are calls for urgent government action to support landlords in the private sector, after the latest Bank of...

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