Bank CEOs give fresh warnings on loan growth, net interest income

By: ameer@trustedteam.com

PNC Chief Executive Bill Demchak (left), Bank of America CEO Brian Moynihan (top right) and Citizens CEO Bruce Van Saun (bottom right) all said last week that loan growth...

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Mortgage 1st acquires Peak Mortgages & Protection    

By: ameer@trustedteam.com

Brokerage Mortgage 1st has bought fellow Derbyshire-based firm Peak Mortgages & Protection for an undisclosed sum.   ...

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UK homeowners face remortgage nightmare – Hargreaves

By: ameer@trustedteam.com

There’s a remortgage nightmare in store for millions of UK homeowners, according to research from Hargreaves Lansdown. ...

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Black & White Bridging plans to grow record loans pace  

By: ameer@trustedteam.com

Black & White Bridging plans to grow its pace of lending following a record two years of loans growth.   ...

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Fleet returns with two and five-year fixes

By: ameer@trustedteam.com

After pulling fixed rate products late last month, Fleet Mortgages has launched a range of two- and five-year fixed-rate mortgages in its three core ranges – standard, limited company...

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RBC and NBC are the latest big banks to hike fixed mortgage rates

By: ameer@trustedteam.com

We reported earlier this week that fixed mortgage rates were on the rise, and they’ve continued to creep up throughout the week. RBC and National Bank became the latest...

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LoanDepot announces leadership shakeup, business line consolidation

By: ameer@trustedteam.com

A major shake-up at loanDepot will result in four executives from previous management leaving the company, including the head of its LDI Digital business.These changes have been framed as...

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Ask the Expert: Can I release equity to help my daughter buy her first home?

By: ameer@trustedteam.com

June 2022: How can equity release support first-time buyers in your family? Mark Gregory of Equity Release Supermarket explains more. He also has the lowdown on making voluntary repayments...

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Why the home could be one’s most valuable asset in retirement: financial planner

By: ameer@trustedteam.com

With American seniors finding it more difficult to maintain their quality of life after retirement, many may be overlooking their most valuable financial asset in late life: their home....

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ESSA Bank to pay $3M to settle DOJ’s redlining allegations

By: ameer@trustedteam.com

The U.S. Department of Justice (DOJ) this week announced that it had secured a settlement of more than $3 million from Philadelphia, Penn.-based ESSA Bank & Trust over allegations...

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