Mortgage market review (mmr)
It was in 1989 - a time when the Berlin wall still stood, Margaret Thatcher was Prime Minister, the first commercial service provider of a thing called the internet surfaced and Del Boy fell through the bar - that the Council of Mortgage Lenders was founded.
Mortgage servicing might not seem like an exciting topic to many people, but now is currently a very exciting time for those of us in the sector, not least for myself and my colleagues at HML.
Brokers have called for FCA staff with more sector knowledge of the mortgage intermediary industry to stop undue lender influence on regulatory decisions.
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The Chartered Insurance Institute (CII) has created a certificate in advanced mortgage advice covering specialist lending for borrowers with complex needs and the implications of the Mortgage Market Review.
The price of property coming to the market has taken its first dip this year falling by 0.8% in July, the Right Move House Price Index has showed.
The mortgage market could be facing a second slowdown as borrowers constrained by affordability measures enforced by the Mortgage Market Review (MMR) take time out to rethink their property plans.
Whenever I read the phrase ‘risky mortgages’ in the mainstream media my first reaction is to ask, ‘risky to who?’ Is it risky to the lender or the borrower? Or both?
London's house prices are set to suffer a dramatic slowdown in growth next year after racing away from all other regions in 2014, one property company has predicted.
First-time buyer loans in June rose by 19% year-on-year to 28,600 transactions, data on lending trends from the Council of Mortgage Lenders has shown.
House sales across England and Wales rose by 10% in July to 90,000 as the market recovered from April's regulatory changes laid out in the Mortgage Market Review (MMR).
The Association of Mortgage Intermediaries (AMI) has been in talks with the Council of Mortgage Lenders (CML) to feedback broker concerns over how the Mortgage Market Review (MMR) has been implemented.
The half year performance statements came thick and fast last week with some astonishing lending and profit figures.
Leeds Building Society has increased mortgage lending ‘significantly above market share’ in the first six months of the year, its interim results have shown.
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