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Gatehouse Bank rolls out resi and BTL DIP portal - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The Shariah-compliant bank says the portal is open to UK residents and has been developed to streamline applications.   It adds,.. Read More;

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December 2022 sees mortgage approvals drop, BoE data shows - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The value of these approvals fell from £10.2bn to £8.1bn on the month. This compares to a six-month average of 62,180,.. Read More;

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Equity release sector enjoys record 2022 but falls away in Q4 - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

While total lending in 2022 hit £6.2bn, which is up 29% on 2021, Q4 saw £1.36bn borrowed, a 20% dip,.. Read More;

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Kensington Mortgages launches Twenty7tec APPLY software - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The fintech firm says the integration with Kensington Mortgages has been tested with Mortgage Advice Bureau, Connells Group and Primis.,.. Read More;

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Hope Capital appoints Owen as BDM for Wales and the South West - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

Owen joins from rival Glenhawk, and has worked for over eight years in the specialist lending industry.  The firm has also taken,.. Read More;

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Landbay reduces HMO/MUFB rates by up to 60bps - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The BTL platform says the loan-to-value ratio is 75% for these products and includes its variable fee structure, of between,.. Read More;

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Banks say CFPB's data access rule ratchets up liability risks

National Mortgage
Mortgage Finance
2 years ago

Banks and credit unions are raising concerns about data security risks and oversight of third-party partners as the Consumer Financial,.. Read More;

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SoFi's bank charter drives positive outlook, but layoffs hit tech unit

National Mortgage
Mortgage Finance
2 years ago

SoFi Technologies said the benefits of its bank charter outweighed home loan and student loan challenges and helped its fourth-quarter,.. Read More;

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Latest USAA employee reduction impacts mortgage unit

National Mortgage
Mortgage Finance
2 years ago

USAA eliminated an unspecified number of jobs in late January, with some of the employees impacted working in the company's,.. Read More;

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Fairway investing in its reverse mortgage lending business

National Mortgage
Mortgage Finance
2 years ago

Fairway Independent Mortgage is investing what it termed "unprecedented resources" in its reverse mortgage business at a time when massive,.. Read More;

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Consumer credit resilient even as debt, delinquencies rise

National Mortgage
Mortgage Finance
2 years ago

Credit scores, particularly among borrowers in the mortgage market, have held up relatively well as inflation has risen, though some,.. Read More;

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Fed's Wall Street clash sets stage for Powell's hawkish message

National Mortgage
Mortgage Finance
2 years ago

Jerome Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its,.. Read More;

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