GHL Group has left the Professional Mortgage Packager Alliance to join the Regulatory Association of Mortgage Packagers. But it denies that its move is a result of the resignation of Jon O’Brien, former operations director at PMPA. KGB Packaging also recently left PMPA for RAMP, but also denies this is linked to O’Brien’s departure.
The Council of Mortgage Lenders says that housing and mortgage market activity is softening in response to rising interest rates.The trade body says the level of property transactions has been very strong in the early months of this year which reflects the strength of demand late last year. Buyer interest has since softened and the […]
Despite what John Wriglesworth says, brokers will not be doing their clients justice if they dismiss the possibility of recommending two-year fixed rate deals, says Sally Laker
As some brokers put more effort into their relationships with lead generation firms, the sector is emerging as a credible part of the mortgage market, says Justine Tomlinson
BM Solutions has upped its game in the 125% LTV sector with criteria changes and a proc fee promotion.Since last November when it lau-nched Mortgage Plus, a 125% LTV product that combines a standard mortgage with an unsecured loan, BM Solutions has come under fire because the product required a 5% deposit and restrict-ed the […]
The UK is ending what has been its slowest economic recovery on record with a marked acceleration in growth. Neptune’s forecast for UK GDP growth in 2014 is 2.5 per cent, up from 2013 growth of 1.8 per cent as estimated by the Office for National Statistics. When considering the changing UK macro outlook, three important questions remain:
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