MISMO launches reverse mortgage working group

By: ameer@trustedteam.com

The Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association (MBA), announced this week the establishment of...

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How Much Is Your FHA Mortgage Payment?

By: ameer@trustedteam.com

April 28, 2023 Are you new to house hunting? If you have never applied for a home loan before it’s understandable that you might view a mortgage payment as a...

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LendInvest welcomes Wells Fargo in £200m funding deal with NAB

By: ameer@trustedteam.com

LendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with National Australia Bank (NAB). The combined investment will support the...

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Saffron Building Society removes procuration fee caps  

By: ameer@trustedteam.com

Saffron Building Society has scrapped procuration fee caps across its entire product range.    ...

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Equity Release lending tumbles 29% in Q1: ERC   

By: ameer@trustedteam.com

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year from 12 months ago, Equity Release Council data shows.   Total...

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There are three ways out of the First Republic mess. All have downsides.

By: ameer@trustedteam.com

Shares in First Republic are down 95% this year. If the bank survives, it will be smaller, and it will post little, if any, profits for some time, analysts...

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Insurance Watch: The (underwriting) truth is out there 

By: ameer@trustedteam.com

I speak to lots of advisers and attend lots of forums where protection underwriting concerns are raised. These include: ‘Insurers need to be more transparent about the underwriting decisions they make.’ ‘Insurers need...

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Rents rise to new record despite slowed growth: Rightmove

By: ameer@trustedteam.com

Rents have risen for the thirteenth quarter in a row to a new record of £1,190 per month outside London, according to the latest Rightmove Rental Trends Tracker. While this...

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Equity Release loans slump 29% in Q1: ERC   

By: ameer@trustedteam.com

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year from 12 months ago, Equity Release Council data shows.   ...

Read More

LendInvest to grow BTL thanks to new funding partners

By: ameer@trustedteam.com

LendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with National Australia Bank (NAB). The combined investment will support the...

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