Mortgage Strategy
Lending Strategy June 2010
-
A better deal for MPPI customers
Lending Strategy June 2010
Let’s write MPPI at point-of-sale and create annually renewable polices to cut big price fluctuations and encourage uptake, says Ian Moffatt, president and chief executive officer for Europe of Assurant Solutions
-
A focus on teamwork will pay off
Lending Strategy June 2010
The team is an important aspect of marketing that is often overlooked, while getting teams to work well together will also bring benefits for firms, says Jeff Knight, managing director of Tonic Marketing Solutions
-
April gross mortgage lending was lowest since 2000, at £10.2bn
Lending Strategy June 2010
Coogan: Politicians must grasp the nettle of the looming funding gap in the mortgage market
-
Beware a base rate bombshell
Lending Strategy June 2010
Even a relatively modest increase in the base rate in the next couple of years could have a dramatic effect on prospects for the lending industry, says Gary Styles, risk and economics director at Hometrack
-
Don't take upturn for granted
Lending Strategy June 2010
Indicators in the US point to a possible commercial lending crisis so in the UK we should hope for the best while preparing for the worst, says Paul Walshe, partner and head of lender services at Moore Blatch
-
Getting to grips with the 'unholy trinity' of banking
Lending Strategy June 2010
Elderfield: fresh in from Bermuda, Ireland’s new financial regulator says he will tackle the banking system’s unholy trinity of bad rules, bad behaviour and bad attitude
-
Housing policy remains in limbo
Lending Strategy June 2010
The coalition’s document on how it will govern contains some interesting pointers on the future of the financial services industry but is notably weak in the areas of housing and housing finance, says Philip Tebbatt
-
Lender pays to shed borrowers
Lending Strategy June 2010
Paying borrowers to take their mortgage business elsewhere - that’s the latest bizarre development in what has become the crazy world of Irish banking.
-
Lenders urged to be alert as insider scams spiral
Lending Strategy June 2010
Fraud committed by firms’ own employees has risen to 60% in the US, and industry experts are warning the situation is just as bad in the UK.
-
Making a big noise with Little Britain
Lending Strategy June 2010
No nuggets: a Nationwide staffer explains that the mutual “does money” not chips in TV advert
-
More 2 Life back in business as it prepares to launch lifetime deal
Lending Strategy June 2010
More 2 Life, the specialist lending arm of Key Retirement Solutions, has re-entered the equity release market with funding from insurer and annuity provider Partnership.
-
Movers and shakers
Lending Strategy June 2010
-
Moving sentiments for a creative sector
Lending Strategy June 2010
Motion: former poet laureate has written an ode to moving house for an estate agent
-
Nationwide blames profit plunge on low base rate
Lending Strategy June 2010
Nationwide: Society’s Base Mortgage Rate is guaranteed to be no more than 2% above Bank of England base rate
-
OFT to investigate how tough it is to get ahead in retail banking
Lending Strategy June 2010
The Office of Fair Trading is to investigate barriers faced by new entrants or those wanting to enter the retail banking sector, and for smaller banks looking to expand.
-
Regulator seen by public to be as bad as naughty banks
Lending Strategy June 2010
The Financial Services Authority is tarred with the same brush as big, bad banks in a new study by the Reputation Institute which measures the corporate reputation of 140 UK business organisations in its recently released UK Pulse Report.
-
Repossessed properties now shift twice as fast as regular sales
Lending Strategy June 2010
The length of time it takes to sell a repossessed property has fallen, with the time to exchange now running at less than half that for standard property sales.
-
Slim pickings for pessimists
Lending Strategy June 2010
Lending Strategy recently hosted an HML-sponsored round table on arrears and repossessions which provided little comfort for doom-mongers, although there were warnings about pitfalls that must be avoided
-
Snowdon ready to scale the heights
Lending Strategy June 2010
When lender Aldermore recently launched a residential mortgage arm it was Colin Snowdon’s third mortgage start-up. And given its liquidity in a dislocated funding market and the niche he has identified, he believes it has a clear space in which to flourish
-
Tax hike may stifle B2L recovery
Lending Strategy June 2010
The planned increase in Capital Gains Tax could endanger the growth of the buy-to-let sector which is beginning to show heartening signs of strength, says Sally Laker, managing director of Mortgage Intelligence Holdings
-
The month at a glance
Lending Strategy June 2010
May saw the new government polish off Home Information Packs, a mortgage network saved, a question mark over the future of interest-only loans and the emergence of a new name in the lending world
-
Two-faced beast in a spin but at least horrible HIPs bite the dust
Lending Strategy June 2010
-
Understanding arrears is vital
Lending Strategy June 2010
Information is key to formulating strategies to get a grip on repossessions for lenders and policy-makers alike, says Neil Warman, chief commercial and finance officer at HML, sponsor of Lending Strategy’s round table
