Blemain Finance has participated in the c2-financial weekly web cast.
Platform is planning a series of initiatives in anticipation of the plethora of new entrants lined up to burst into the specialist lending market. It has reacted by reviewing its strategy and widening and enhancing its product range. The first initiative launches today with a revised product range including additions to lending criteria and new […]
Alliance & Leicester will shortly start to distribute buy-to-let, self-cert, near-prime and sub-prime specialist mortgage products through a number of mortgage intermediaries. The assets originated will be sold to Lehman Brothers under an agreement. The bank confirmed this in its 2006 pre-close announcement to the City today.Mehrdad Yousefi, head of intermediary mortgages, says: “We are […]
The news the nation had been waiting for finally arrived last Wednesday. Not housing minister Yvette Cooper accusing the Tories of siding with the National Association of Estate Agents over its desire to see Home Information Packs scrapped, but the announcement that Wayne Rooney’s fractured metatarsal had healed sufficiently for him to take some part […]
Classic Network Solutions is offering a fully integrated version of MortgageStream Case Management Software to all of its members. Classic users are now able to import and export client data and documents to and from their Home Buyer Mortgage Sourcing and Compliance software into MortgageStream. Classics members will utilise MortgageStream to facilitate case processing and […]
James Dowey, Chief Economist, and Paul Caruana-Galizia, Economist
The conventional wisdom is that following a roughly 50 per cent rise in the stock market in 2013 in Yen terms, the Japan trade is over and done*. So the story goes, those big gains were due to a one-off boost from quantitative easing (QE) and a depreciation of the Yen — policies that one should think of as a palliative to Japan’s economic weakness, but not a cure. Rather the cure, and by implication the necessary condition for a longer-term investment case, is deep structural reforms — a painstaking re-weaving of Japan’s economic and social fabric, no less. The story continues: this is a much tougher test than launching a blast of QE, and one that prime minister Shinzo Abe, although well intentioned and well supported by the public thus far, is likely to fail. Stick a fork in Japan, it’s done…continue reading
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