First-time buyers help boost mortgage lending to £23bn

First-time buyers help boost mortgage lending to £23bn

Gross mortgage lending hit £23 billion last month as first-time buyers and existing homeowners looking to switch deals kept banks in business.
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Business Briefs 08/25/2017

Lending Team Primary Residential Mortgage, Inc. (PRMI), a top mortgage lender serving Worcester County, welcomes mortgage industry veteran
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CoreLogic GC to Leave

Theologides joined CoreLogic in 2009, and helped guide the company through its high-profile split from Santa Ana-based title insurance company
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Wicomico offers valuable home ownership tools

The interest rate is equal to the Freddie Mac 60-day delivery rate, with a minimum interest rate of 5 percent. The first mortgage is funded by a local
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What Canadian real estate markets should investors look to now that Toronto's cooling?

Where are real estate investors to turn now that Ontario has joined BC with housing market interventions aimed at its biggest real estate market?
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'Extremely low inventory, extremely high demand': Many home buyers priced out of Eugene

The housing market in Eugene/Springfield is hot. … “A balanced market, we should have about 7 months of inventory,” Ed McMahon from the Home
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Luetkemeyer: Time to Rethink Regulatory Treatment of Internationally Active Banks

The EU's move toward higher capital requirements is due — at least in part — to the Fed's recent enhanced prudential standards for foreign banking
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Former FHA Commissioner Biniam Gebre joining Accenture

Biniam Gebre, the former acting commissioner of the Federal Housing Administration, is joining Accenture, the company announced this week.
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Small business lending worsens as EU funding dries up

New data highlights a £698 million fall in bank lending to non-financial businesses in July and reports that the European Investment Fund (EIF) and
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ServiceSource International, Inc. (SREV) Stock Price Up 7.3% on Insider Buying Activity

ServiceSource International, Inc. (NASDAQ:SREV)'s share price rose 7.3% during mid-day trading on Thursday following insider buying activity.
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Double Digit Yield Opportunity – SME Lending and Fintech

The SME Alternative Finance (AltFi) lending market is gaining momentum in the Australian market. We are lagging the US and UK markets by about 4
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Business briefs: Stock meander; Apple lands big tax break

Mortgage buyer Freddie Mac said the rate on 30-year, fixed-rate mortgages fell to 3.86 percent from 3.89 percent last week. The rate on 15-year,
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Bilingual Mortgage Clerk in Halifax

As a Bilingual Mortgage Onboarding Customer Service Representative you will: * Manage all aspects of internal and external customer service
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Mortgage rates today, August 24, plus lock recommendations

Mortgage rates today have changed little from yesterday's — still highly favorable for anyone buying or refinancing a home. This morning, we got two
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New home sales drop as prices rise

Even with a drop in home sales, the housing market is still bolstered by an enduring labor market, Reuters reported, though surging prices due to a
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Home mortgage leader adds nationwide commercial lending to full-service portfolio

EDINA, MI – One of the nation's fastest-growing mortgage firms is adding to their product line with the launch of a new commercial lending division by
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Brokerages Anticipate Encore Wire Corporation (WIRE) to Post $0.55 Earnings Per Share

Shares of Encore Wire Corporation (NASDAQ:WIRE) have earned a … primarily as interior wiring in homes, apartments and manufactured housing,
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Bank Takeover : GCB Bank to reduce lending rates for Capital, UT banks customers

The Managing Director of GCB Bank, Anselm Ray Sowah said the lending rate for both collapsed banks will be reduced to the existing level of GCB's
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Germany's 'Diesel Fear' Leaves $5 Billion in Used Cars Gathering Dust

Germany's back and forth over potential bans for diesel cars in cities is sapping demand for the vehicles and causing a backlog of used models on
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Britain's OneSavings looks to professional landlords for growth

Golding said the lender would be interested in bidding for mortgage portfolios that met its risk and reward hurdles. ($1 = 0.7825 pounds) (Reporting by
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