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UCB Home Loans: Self Cert Two year Flexible Rate Details Type: Self-cert flexible fixed rate mortgage Fixed term: Two years Fixed rate: 5.14% Minimum loan: #25,001 Maximum loan: Up to […]

TowerGroup expects strong home equity lending over the next several months -- because of holiday purchases and subsequent debt consolidation and tax preparation -- but it is advising lenders on [...]

Simon White director, Ashdown Lyons The spectre of Home Information Packs looms ever larger. The aim is to speed up the buying process. Well, you heard it here first; many [...]

Home-equity loans, however one may define them, have played an important role in the origination business. Loans with relatively higher yields, due to the borrower's atypical financial history or the [...]

New York -- The serious delinquency rate on home-equity loans pooled into securities has fallen to its lowest level in eight years, according to Moody's Investors Service. Moody's said that [...]

Equity is becoming a rare animal in commercial real estate, even as property prices remain at historical highs. Pressured by senior lenders who are making bigger loans, mezzanine lenders are [...]

Branded mortgage arranger Advantage Home Loans will be holding eight workshops around the country over the coming weeks to inform brokers of the opportunities available in the sub-prime market. The [...]

Delinquencies Up On HELC, Down On Cards WASHINGTON-Delinquencies on home equity loans rose during the first quarter. According to data released by the American Bankers Association (ABA), delinquencies on home [...]

Low interest rates combined with a lack of attractive investment alternatives have driven commercial and multifamily lending volume to record levels. But concerns about softening underwriting standards and an overheated [...]

The Liberal Democrats have called for the FSA to regulate the buy to let market in light of the high number of consumers entering the market. LibDem Shadow Chancellor Dr […]

Hotel conversions may lose steam the rush to convert man-hattan hotel rooms into condos may slow in coming years. A report finds that the strength of the lodging market is [...]

Interest Only Loans: Thoughts & Perspectives You can see the telltale signs that we are near the end of asset-based lending cycles with financial offers being made by lenders who [...]

The political parties are all after your vote on Thursday so to help you make up your mind, Mortgage Strategy asked each what they would do to bolster the housing [...]

A combination of economic factors and improved products will see equity- release business continue to grow Nigel Spencer Head of marketing, Norwich Union Personal Finance There is little doubt that […]

MBNA Corp., in an effort to rev up its home equity business and further its strategy of selling noncard products through its network of affinity partners, said Wednesday it has [...]

Washington -- Residential mortgage lending and investments at banks and thrifts accounted for 42% of all asset growth in 2004 and 70% in the fourth quarter as federally insured depositories [...]

Park City, UT -- On the heels of a new report that found one in four home loans originated in last year's fourth quarter were subprime comes a renewed warning [...]

With swap rates surging, last week was hectic for rate pulls and I reckon coming weeks will be just as busy. * One-year money is up 0.07% at 5.22% * [...]

Atlanta -- Serious delinquencies are up, but many home equity lenders are not in a second lien position anymore, according to a recent study. That rising first-lien share could be [...]

NEW YORK -- Home equity borrowings amounted to $431.3 billion last year, a 35% increase year-on-year and a record high, said SMR Research Corp., a New Jersey market research firm, [...]

A 16 PER cent drop in gross mortgage lending last month was caused by seasonal factors, the Council of Mortgage Lenders claimed. Total gross mortgage lending totalled AGBP17.9bn, 16 per [...]

Home equity loans and lines of credit continue to grow in popularity, and banks have gradually gained an edge in consumer lending by pushing those products. One reason home equity [...]

I think most brokers, including me, were expecting a rate war at the start of this year. It was widely thought that a combination of factors -- including the impact [...]

Washington -- In the third quarter, refinancing fell to an almost four-year low as conventional funders turned in their second-worst quarterly performance in more than two years. According to survey [...]

GMAC-RFC recently launched the industry's first worldwide charitable foundation along with the Citizens Advice Bureau to help prevent home repossessions. The move is welcomed by BM Solutions, which sends out [...]

Ali Crossley, director for home equity plans, Prudential The home is a major asset, people are living longer and pensions are falling short. These trends combined mean that for many [...]

Home equity loan fever, a replacement for the overheated re-fi market, and the need to find and nurture top talent are three of the trends being forecast for this year [...]

Despite strong demand for adjustable-rate mortgages, single-family originations by thrift institutions fell 16% in the third quarter. The Office of Thrift Supervision reported that thrifts originated $145.5 billion in 1-4 [...]

The leading risks facing banks are rising energy prices, a collapse of the housing bubble, or a large unforeseen market disruption, such as a recession in China, the Federal Deposit [...]

Since the 1980s, the basic asset classes of equities, property and fixed-interest in personal investment market in Australia, have given rise to a wide range of varied investment exposures like protected equity loan, hybrid securities and hedge fund. Investments considered exotic when introduced can become mainstream in time, as also people' understanding of the investment and the tolerance of its risk.

Byline: DAVID MYRON Overdependence on home equity loans and lines of credit have economists concerned that consumers are financially over-extended and ready to cut back on spending. Too many costs […]

Countrywide Home Loans here originated a record $3.1 billion in home-equity loans in August, according to new figures released by the company. Countrywide's home-equity volume rose 8% compared to July [...]

The Mortgage Bankers Association here has reported that commercial and multifamily mortgage debt outstanding increased by $60.8 billion, 2.9%, to $2.17 trillion from the first quarter to the second quarter. [...]

Subprime loan production remained strong in the third quarter, but conventional originations hit the skids. According to preliminary survey figures collected by Origination News, total residential loan production fell by [...]

As Floridians pick up the pieces after four hurricanes in a month, loan volume is rising, and so, to a lesser extent, are deposits. Bankers said they are making more [...]

By some estimates, home equity lines of credit have risen to 20% of the origination market this year. The product appeals to borrowers who want to avoid paying mortgage insurance [...]

LENDERS' reluctance to finance 'green' new builds is squashing homebuyers' increasing demands for eco-friendly houses, according to broker Mary Riley. Ms Riley, managing director of Advanced Flexible Self Build Mortgage [...]

Everyone knows that loan origination volume is declining as rates rise, but when the nation's largest mortgage servicer warned that mortgage income is likely to fall short of expectations this [...]

THEY WERE HIRED Bankers from ING Group and Fortis rubbed elbows with actors dressed as Thomas Jefferson and Napoleon Bonaparte at a bicentennial celebration in New York on Monday of [...]

The performance of home equity loans improved in the fourth quarter of last year, but home equity is no longer head of the class among the consumer credit categories. The [...]

Originators need to understand and comply with new mortgage regulations, specifically section 6-l and Part 41, pertaining to high-cost home loans, Barbara Kent, director of consumer affairs and financial products [...]

The 80-10-10 product mortgage loan product has gained new levels of popularity in the last couple of years, but it could face a threat if a proposal to make private [...]

The versatility of equity release as a financial tool has fuelled a 121 per cent increase in sales in the sector in recent years, says home- income plan specialist Hodge […]

The Federal Deposit Insurance Corp. warned Tuesday that adjustable-rate mortgages and home equity lines of credit may pose a risk to lenders when interest rates rise or if home prices [...]

An increasing number of homeowners have taken cash out of their homes when they refinanced a home loan in recent years, and the dollar volume of cash-out activity is on [...]

Subprime and home equity originators securitized 65% of their loan production in the first quarter, fueling record issuance levels through the first half of this year, RBS Greenwich Capital reported [...]

Studies show that unlike before, it is comparatively easier to buy property in 2003, with the various new schemes and especially the mortgage option. More traditional institutions such as ANZ, Westpac, the Commonwealth Bank and Adelaide Bank offer LoDoc (low documentation) loans to buy property.