View more on these topics

Non-conforming RMBS buoyed by low rate climate

Fitch Ratings says the performance of UK non-conforming residential mortgage-backed securities is con-tinuing to improve with loans in arrears for three months falling from 19.7% in Q1 2010 to 18.6% in Q2.

Outstanding repossessions also fell from 1.4% in Q2 to 1% in Q1.

The ratings agency says that the improvement is down to the low interest rate environment, which is making monthly payments more affordable for borrowers who were having difficulties.

This has resulted in lower repos-session activity and as a result lower realised losses within indivi-dual RMBS.


CI waters muddied by obscure illnesses

Competing for customers in a recessionary environment has seen some businesses going to extreme measures. From restaurants advertising meals for 99p to hotels offering rooms for £1, businesses are doing all they can to attract customers. No business wants to be left behind in a competitive market and it’s no different in the protection industry. […]

Life begins at…

By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]


News and expert analysis straight to your inbox

Sign up