UK regulator to impose ban on insurance companies due to pricing issues
The ban will prevent companies from charging additional fees for existing customers compared to the new ones...
Tag : mortgage
Clayton Euro Risk announces alliance with The Dutch Mortgage Consultants
To focus on the residential mortgage market in the Netherlands March 7, 2017: As part of its plans to grow its business in the Netherlands, risk and due diligence expert Clayton Euro Risk has announced a strategic alliance with The Dutch Mortgage Consultants (TDMC). The move will support Clayton Euro Risk’s strategic focus on the...
Mortgage rates rise after Trump victory
The benchmark 15-year fixed-rate mortgage rose to 2.97 percent from 2.96 percent IFM Correspondent November 14, 2016: Mortgage rates have quickly surged ever since Trump was declared the victor of the US presidential election. Rates modestly changed, with the benchmark 30-year fixed mortgage rate rising to 3.73 percent, according to Bankrate.com’s weekly national survey. After...
Now, all eyes on Trump’s team
Stock markets buoyed by expectations that global central banks will keep monetary policy loose IFM Correspondent November 14, 2016: Investors endured a rocky day of trading after the shock election of Donald Trump as the next US president sparked a bout of unusual volatility that rocked financial markets around the world. Shares and bonds whipsawed...
The illusion of growth in the UK mortgage market
In the myopic pursuit of new mortgage lending volumes, lenders seem to have lost sight of existing customers Tony Moroney March 2, 2016: The UK economy is in growth, with GDP reported to be up 0.7% in the second quarter of 2015. This figure, which looks set rise to 2.6% over 2016, is causing many to predict a rise in interest rates within a...
Moody’s analytics launches UK mortgage portfolio analyser
Will help assess credit risk in portfolios of residential mortgages May 6, 2016: Moody’s Analytics, a leader in risk measurement and management, announced the launch of UK Mortgage Portfolio Analyzer (UK-MPA), an innovative, customisable tool to help assess and manage credit risk in portfolios of residential mortgages originated in the United Kingdom. UK-MPA provides powerful...
Measuring growth and spotting pitfalls in the UK mortgage market
Lenders must address the mortgage retention challenge if they are to aim for a sustainable future Damian Young January 13, 2016: Despite the Bank of England’s most recent vote against a rise in interest rates, many financial analysts remain confident that we will see a rate rise over the early stages of 2016. This confidence...