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Home equity lending surges as consumers consolidate debt

National Mortgage
Mortgage Finance
2 years ago

Home equity lending rose over the course of the past year as high interest rates kept borrowers away from traditional,.. Read More;

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Private rental sector grows 30% since 2019, says Sirius Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The latest figures show that, despite the government’s best efforts, the overall size of the PRS has grown by 2.4%,.. Read More;

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Landlord's yields hold steady, but rent rises likely: BVA BDRC Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

But landlords are likely to raise rents this year after reporting ‘increased running costs.’   Yields held steady at the tail-end,.. Read More;

post

Pandemic spurs stamp duty receipts to jump 69% to

Mortgage Finance Gazette
Mortgage Finance
2 years ago

Home transactions lifted 20% to 1.2 million in 2021-22 in England compared to a year ago, the highest figures since,.. Read More;

post

Bridging loans hit

Mortgage Finance Gazette
Mortgage Finance
2 years ago

Short-term Loans in 2022 were the highest since 2019, when they hit £732.7m, data from the property finance lender’s latest,.. Read More;

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House price growth slows to 1%, says Nationwide - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

And on a monthly basis, house prices dipped by 0.6% – making for the fifth monthly drop in a row. This,.. Read More;

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Aldermore launches limited edition lower rate resi and BTL loansoffers - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The challenger bank’s BTL range covers:   Individual and company landlords with single residential investment properties   Up to 75% loan to value,,.. Read More;

post

Senators press Silvergate on FHLB loan in the wake of FTX collapse

National Mortgage
Mortgage Finance
2 years ago

WASHINGTON — A bipartisan group of senators asked Silvergate, the bank connected to the failed crypto exchange FTX, if the,.. Read More;

post

New York Community quickly downsizes its newly bought mortgage unit

National Mortgage
Mortgage Finance
2 years ago

New York Community Bancorp is slashing part of its newly acquired mortgage business in an effort to cut costs during,.. Read More;

post

Home price slowdown hasn't improved affordability outlook

National Mortgage
Mortgage Finance
2 years ago

While the surge in home prices has slowed substantially from the heights of last year, home buyers' affordability concerns are,.. Read More;

post

CoreLogic, Guaranteed Rate, Stewart, HUD make leadership moves

National Mortgage
Mortgage Finance
2 years ago

Also, Finance of America, SimpleNexus alums find new homes, and Supreme Lending lands leading mortgage technology expert.,.. Read More;

post

Cenlar names Jim Daras as sole CEO

National Mortgage
Mortgage Finance
2 years ago

Cenlar FSB, a bank whose primary business is mortgage subservicing, named D. James "Jim" Daras as its sole CEO, ending,.. Read More;

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