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Orbiter set for April launch

Orbiter will launch in April with a panel of 30 lenders, with a whole of market proposition scheduled for the end of the year. The sourcing system says it would like to be as easy to use as eBay.

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Fitch says tightened criteria may affect RMBS

Fitch Ratings is warning that tightening lending criteria could have a negative impact on residential mortgage-backed securities.The agency has stipulated however that the developments are not likely to have any immediate impact on UK RMBS ratings.Fitch says the liquidity crisis is starting to have an impact on the mainstream mortgage market with conforming lenders tightening […]

Easier2move calls for consumer push by HIPs stakeholders

Easier2move is calling for Home Information Packs stakeholders to work together to ensure HIPs deliver the intended benefits.The firm says new HIPs legislation fails to communicate the real value of the packs to consumers.Karen Babington, sales and marketing director at Easier2move, says: “From April 6, the majority of newly built homes will need a HIP […]

Packaging sector is feeling the strain

It was back in May 2007 when I realised that what had been a lucrative period for packagers was coming to an end and the sector was beginning to feel the strain of what we now know as the liquidity crisis.

Stock Picker

Financial shares enjoyed healthy gains last week following a welcome injection of confidence into the US markets as a result of JP Morgan Chase’s revised $10 a share offer for Bear Stearns. HBOS rebounded strongly following the recent false rumours surrounding its liquidity.To counteract the rumours and bolster confidence in the lending giant, a raft […]

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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