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Paragon Bank reports full-year BTL lending went up by 18.2%

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The full-year results revealed an increased focus on specialist BTL lending in the year to 30 September, which comprised 98%,.. Read More;

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NatWest reduces BTL, resi and FTB rates by up to 76bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The high street lender’s broker-only arm says highlights of its new business residential two-year fixed-rate purchase offers includes a 60%,.. Read More;

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Potential future GSE loan lates reach high in 3Q

National Mortgage
Mortgage Finance
3 years ago

Continued inflation growth and rising interest rates mean that a record high share of conforming mortgages originated in the third,.. Read More;

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Mortgage fintech Tomo rolls out real-time pre-approval

National Mortgage
Mortgage Finance
3 years ago

Tomo, a Connecticut-based fintech, launched a real-time underwritten mortgage loan pre- approval, which should spit out a credit decision in,.. Read More;

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2022 originations make up 60% of underwater mortgages: Black Knight

National Mortgage
Mortgage Finance
3 years ago

 One in 12 purchase mortgages originated in 2022 is now underwater, as the downturn in home prices over the past,.. Read More;

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Home Point Capital completes $6 billion Ginnie Mae servicing sale

National Mortgage
Mortgage Finance
3 years ago

Home Point Capital has completed the sale of $6.08 billion in mortgage servicing rights to an approved Ginnie Mae issuer,,.. Read More;

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Help to Buy extended by one month after building backlogs

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Department for Levelling Up, Housing and Communities now says builders will now have until January 31 to finish building,.. Read More;

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The controversy around Ginnie Mae's new capital requirements explained

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae's updated capital requirements affect both banks and nonbanks, and many believe that the new requirements are not manageable,,.. Read More;

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FTBs say costs crisis lifts property wait by 5 years: First Direct

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The lender says that 77% of its poll of FTBs and existing homeowners are concerned about their ability to get,.. Read More;

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Nationwide Building Society launches API integration with Smartr365

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The integration of Nationwide’s API solution with the Smartr365 platform means intermediaries can submit customer decision in principle (DIP) applications,.. Read More;

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Equity Release Council admits Contact State to trade body

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The firm has joined the lobby group, which says it “aims to ensure that its members are highly professional and,.. Read More;

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Tracker searches more than doubled in November: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
3 years ago

October was the third-busiest month ever for total mortgage searches with 1,504,582 throughout the month.  Purchase mortgage, remortgage and first-time buyer,.. Read More;

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