Fitch Ratings says residential mortgage-backed securities issued by Rooftop Mortgages and its RMBS firms Farringdon Mortgages and Mansard Mortgages are unlikely to be affected by the firm’s closure.
- Top trends
I was dismayed by the negative coverage of HSBC’s decision to extend its Rate Matcher offer to new borrowers. Some commentators have dismissed it as irrelevant and others have focussed on its low LTV and high arrangement fees.
Complete Mortgage and Loan Services has been retained as one of Salt’s select group of packagers, following the lender’s rationalisation of its packager panel.Tony Salentino, director of Complete, says: “Lenders are increasingly looking to form strong relationships with larger distributors who have a proven track record for quality. We are therefore very pleased to announce […]
Independent research from NMG Financial Services Consulting shows that packager usage is 5% higher in Q1 2008 than it was the same time in 2007.Despite this it also shows that packager usage is slowing in the Q1 of 2008.Sue Traskowski, head of broker services at TFC Homeloans, says: “As product choice has reduced, brokers are […]
Estate agents can breath a sigh of relief as the number of house hunters on their books improves.
By George Boyd-Bowman, Fund Manager at Neptune The Neptune Global Income Fund seeks exposure to the very best – and often overlooked – income opportunities from across the world. Unconstrained by benchmarks, the fund currently has 24 per cent invested in Japan, differentiating the high conviction portfolio from many of its peers. Watch Neptune Fund […]
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