Recently added articles from Mortgage Strategy:
CML CONFERENCE: CML to lose members as downturn takes toll.(Conference notes)
Nov 16, 2009 ... The Council of Mortgage Lenders say it will represent fewer lenders in 2010 as they give up their membership due to market conditions. Michael Coogan, director-general of the CML, made this revelation in his closing remarks at the industry trade body's annual conference last ...
SELF-CERT: Self-cert deals pushed through B2L loophole.
Nov 16, 2009 ... Rogue brokers have found a way to push through self-cert deals even though there are no longer any such products on the market. The regulator's plan to scrap self-cert, as published in last month's Mortgage Market Review, has led to lenders such as The Mortgage Works and ...
STRAW POLL: Brokers split on website sourcing.
Nov 16, 2009 ... Brokers are pretty evenly split on whether they would offer mortgage sourcing to clients via their websites, with 51% of Mortgage Strategy Online readers saying they would. Firms ...
LENDERS: MAB brokers get opportunity to charge for advice.
Nov 16, 2009 ... In a bid to tackle dual pricing Mortgage Advice Bureau is giving its brokers the chance to opt into a fee-charging model. Brokers are being asked to decide whether they want to offer whole-of- market advice and charge a fee of around #300 or offer broker-only deals. ...
COMMENT: The industry strikes back.
Nov 16, 2009 ... Lenders, building societies and brokers mounted a concerted fightback last week against the sweeping changes set to be imposed on lending. Brokers fired the first shot at the Mortgage Business Expo on Wednesday as they angrily demonstrated at a speech made by Lesley Titcomb, director of ...