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Homebank looks for acquisitions

Brokerage Homebank is looking to buy or merge with other established brokers. It says its automated systems allow it to flourish in difficult market conditions where other firms struggle.

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IMLA attacks SLS extension

The Intermediary Mortgage Lenders Association has slammed the extension of the Special Liquidity Scheme as madness since it excludes a number of broker-facing lenders from accessing the plan.

Lament for fading building societies

For some time it’s been clear that 2008 will go down as one of the most turbulent years in financial services history. Nevertheless, the fall of Lehman Brothers, the last-minute sale of Merrill Lynch and HBOS’ demise still came as a shock.

B&B to end GMAC-RFC deal in March

Bradford & Bingley has renegotiated the termination date of its loan sale agreement with specialist lender GMAC-RFC to March.

Frexit & contagion risk in Europe

Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]

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