Lenders
Legal & General's ‘Mortgage Manifesto' aims at stimulate debate on what government, providers, brokers and borrowers can do to get the mortgage market moving again. Ben Thompson, managing director of Legal & General Mortgage Club, sets out its ideas.
Which? has urged banks to streamline their payment protection insurance (PPI) claim process or risk exposing customers to claims management companies, after just a quarter of the promised amount of redress was paid out in 2011.
The actions of the courts are hampering not only lenders' ability to repossess properties when needed, but borrowers' ability to successfully move on from their financial difficulties, explains Debby Cattell, head of servicing at Crown Mortgage Management.
Other Lenders articles
The first challenge any prospective new mortgage lender has to overcome is FSA bureaucracy.
Getting the launch right is key for any new mortgage lender. But how do you balance making a big enough splash to generate interest and get the brand known, while ensuring you are not overwhelmed with applications?
A free bridging sourcing system has launched enabling brokers to find and place bridging cases with lenders.
Over the first few weeks of this year, it was easy to see what most lenders got for Christmas.
Every new mortgage lender has to decide whether to go direct to consumers or use intermediaries. Two lenders explain the routes they have taken in the past year, with one launching to brokers as the other chose to cut its intermediary ties.
Applying for a mortgage-related lending licence from the FSA takes tenacity, patience, and in-depth planning, explains Serena Joseph, partner at regulatory consultants Joseph & Hepple-Wilson.
Which residential mortgage lender-in-waiting do you think could have the most impact in 2012?
All next week, Mortgage Solutions will examine what new lenders have brought to the market, offering insight through a mix of features, blogs, analysis and interviews with experts from across the industry.
Bankers’ pay and bonuses should be set by the bank's shareholders, not controlled by legislation, Angela Knight, the chief executive of the British Bankers Association (BBA) has said.
With the latest Mortgage Market Review consultation out just before Christmas and a raft of proposed new measures, it got me thinking, just when is a consultation not a consultation?
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Reasons to be Cheerful
It's not all doom and gloom out there in the mortgage industry, so click here for a dose of cheer.
Watchdog raps property website for “misleading” claims
FTBs rushing to buy before Stamp Duty break ends
Maturing times: The mortgage market hits puberty
Slow PPI redress an “open goal” for claims firms, warns Which?
Barclays mortgage complaints fall by a quarter