ASIC bans NSW finance broker, suspends brokerage

By: ameer@trustedteam.com

ASIC bans NSW finance broker, suspends brokerage | Australian Broker News

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Products lenders should offer in 2024, according to mortgage leaders

By: ameer@trustedteam.com

With a great deal of mortgage industry conversation revolving around how companies might best survive the current downturn, a theme has emerged around the value of offering more, even...

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Sprout settlement rejected by judge who finds executive in contempt

By: ameer@trustedteam.com

A federal bankruptcy judge has rescinded $1.95 million slated for Sprout Mortgage employees who were laid off abruptly last summer, the latest twist in the lender's dramatic shutdown. Over 100...

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Gen H launches sub-5% prices in latest rate cut round  

By: ameer@trustedteam.com

Gen H has cut rates across its entire product range by up to 25 basis points, which will see homebuying bundles and standard five-year deals up to 80% loan...

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CSS partners with Mortgage Intelligence on referral arrangement

By: ameer@trustedteam.com

Countrywide Surveying Services (CSS) has partnered with Mortgage Intelligence on an exclusive referral arrangement for the network’s members. ...

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Metro Bank simplifies worker documents with criteria changes

By: ameer@trustedteam.com

Metro Bank has made criteria changes that simplify the document required for buy-to-let and residential mortgage applications.   ...

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Family BS intros resi and landlord rate cuts of up to 55bps  

By: ameer@trustedteam.com

Family Building Society has cut prices across its residential and buy-to-let fixed-rate ranges by up to 55bps.   ...

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Skipton BS will accept 95% LTV applications on new build flats, reduces rates  

By: ameer@trustedteam.com

Skipton Building Society will accept applications of up to 95% loan to value for new build flats, in a change to its criteria policy aimed at helping first-time buyers....

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TD saw a drop in negatively amortizing mortgages in the fourth quarter

By: ameer@trustedteam.com

TD Bank said “positive payment actions” taken by its mortgage clients have reduced the number of mortgages that currently have a negative amortization. In its fourth-quarter earnings report, the bank...

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Asking prices fall by £7,000 in December: Rightmove  

By: ameer@trustedteam.com

Average UK new seller asking prices fell by a larger-than-expected 1.9% to £355,177 in December, data from Rightmove shows.   Prices usually ease this month due to seasonal factors, but...

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