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Primrose offers sourcing access

Primrose Premier is offering brokers access to Evaluate’s sourcing software. It covers sub-prime products and includes multiple lender options.

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JP Morgan buys Bear Stearns

Rooftop Mortgages’ owner Bear Stearns has been bought by JP Morgan Chase for the knock-down price of $2 per share.

Chancellor to face Treasury Select Committee question time

Chancellor Alistair Darling will be subject to interrogation by the Treasury Select Committee over his downgrading of the government’s economic forecasts, as revealed in yesterday’s Budget. John McFall, chairman of the committee, insists that the chancellor will be questioned on the robustness of these targets and questioned about his level of support towards the mortgage […]

Buy-to-let thrives on crisis

Buy-to-let landlords are well positioned to benefit from the liquidity crisis, says Your Move.The online estate agency claims that recent product withdrawals and tightening mortgage criteria are squeezing first-time buyers’ ability to get onto the housing ladder.This is increasing demand for rental accommodation, playing into the hands of landlords.David Newnes, managing director of Your Move, […]

Technology will save the industry

In this new regular column, Julian Wells takes a look at some of the most pressing issues facing the mortgage industry and the professionals who work in it

A question of service

Roy Armitage, head of credit, LendInvest Selling a loan is the part of a lender’s workload most visible to brokers and borrowers. Just as crucial – but less frequently observed – is how that lender services that loan. A commitment to quality servicing is one that’s front and centre for us at LendInvest and it’s […]

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