Phoebus tops £100 billion assets milestone

By: ameer@trustedteam.com

Phoebus has announced that the balances of loans and savings on its servicing platform has increased to over £100bn assets under management. ...

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OnTheMarket agrees £99m buyout offer from CoStar  

By: ameer@trustedteam.com

Property portal OnTheMarket has agreed a £99m cash takeover by US rival CoStar Group, giving the American firm a UK presence.  ...

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21Finance adds packaging service for brokers

By: ameer@trustedteam.com

21Finance has launched a broker packager service focused on whole-of-market specialist lending.   ...

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Groundsure updates ClimateIndex paltform transition risks

By: ameer@trustedteam.com

Groundsure has updated key transition risk data related to climate change that it says may impact on property decisions.    ...

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Pepper Money offers ‘consent to follow’ enhancement on second charge mortgages

By: ameer@trustedteam.com

Pepper Money has launched a new ‘consent to follow’ option on its second charge mortgages, designed to speed up the application process. ...

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Higher mortgage rates will complicate housing affordability in 2024: Fannie Mae

By: ameer@trustedteam.com

Soaring interest rates and a higher-for-longer policy will take its toll on the economy, according to Fannie Mae’s Economic and Strategic Research (ESR) group. “The cause of the recent run-up...

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FHFA, stakeholders struggle to pin down costs in score update

By: ameer@trustedteam.com

Lenders and vendors really want guidance from the Federal Housing Finance Agency what the expense involved in its congressionally-mandated credit score update will be and how to manage it,...

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Rents jump 5.7%, house prices hold steady: ONS 

By: ameer@trustedteam.com

Average UK house prices edged 0.2% higher to £291,000 in the year to August, but private rents jumped 5.7% in the 12 months to September, data from the Office for...

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Industry draws few positives from inflation update

By: ameer@trustedteam.com

Inflation remained at 6.7% in September for the second month in a row.  Food inflation fell month on month for the first time in two years but rising prices...

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Inflation update offers sector little comfort

By: ameer@trustedteam.com

Inflation remained at 6.7% in September for the second month in a row.  Food inflation fell month on month for the first time in two years but rising prices...

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