Mortgage broker market will increase in 2023

By: ameer@trustedteam.com

New research from specialist property lender Octane Capital reveals that despite a turbulent finish to 2022, the size of the UK mortgage broker market climbed 9.6% year on year,...

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Brightstar launches BTL insurance brokerage

By: ameer@trustedteam.com

Brightstar has launched a new brokerage, offering a range of insurance products for buy-to-lets, HMOs and commercial properties, including pubs, shops, industrial units and development sites.  Solstar Insurance Brokers will...

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Foundation adds to buy-to-let range

By: ameer@trustedteam.com

Foundation Home Loans, is adding three limited edition products to its core buy-to-let range and adding special editions to both its buy-to-let and owner-occupied offering. ...

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Downward pressure on market in 2023- Rics

By: ameer@trustedteam.com

UK surveyors reported an increase in new buyer enquiries and agreed sales in May, according to the latest data from the Royal Institution of Chartered Surveyors (Rics).  ...

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First-time home buyer program reform is the focus of new legislation

By: ameer@trustedteam.com

A bipartisan bill introduced in the Senate Tuesday seeks to streamline two programs for first-time home buyers, which are administered on the state level.Specifically, the bill, dubbed the Affordable...

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FHA handbook with reverse mortgage policy changes is coming soon

By: ameer@trustedteam.com

Changes to the Federal Housing Administration (FHA)’s Single Family Housing Policy Handbook 4000.1, which incorporates reverse mortgage guidance and prior Mortgagee Letter material, will be coming soon. Officials are...

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HomeTown Lenders not paying rent, utilities, employees allege

By: ameer@trustedteam.com

William Taylor, the CEO of Huntsville, Alabama-based HomeTown Lenders, published a video on the company's intranet in late May thanking some of the company's branch managers for paying rent...

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From faxes to AI: Tavant listening to underwriters to develop new platform

By: ameer@trustedteam.com

Now, AI is not the future of the mortgage industry – it is the present. Shannon Johnson (pictured), product manager at Tavant, has worked in the mortgage industry for almost...

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United Wholesale Mortgage terminates MSU sponsorship

By: ameer@trustedteam.com

United Wholesale Mortgage CEO Mat Ishbia may no longer financially support Michigan State University (MSU) athletes to “avoid conflict” with Ishbia’s professional sports teams, the Phoenix Suns and Phoenix...

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First annual house price fall for 11 years – Halifax

By: ameer@trustedteam.com

House prices fell by 1% over the past year — the first annual decline for 11 years — according to Halifax’s latest house price index.  ...

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