Mortgage advisers warn against payment holidays

Mortgage advisers warn against payment holidays

Over two million UK homeowners have been granted a mortgage repayment holiday, due to the financial strains of the COVID-19 pandemic. However,
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Forbearance Numbers are Trending Higher

There was also a drawdown of 2,000 loans serviced for the GSEs Fannie Mae and Freddie Mac. There are 965,000 of those loans remaining in plans,
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Forget a Seasonal Slowdown, as US Property Market Roars On

The housing sector may continue straight into the spring homebuying season without ever fully slowing down, according to realtor.com. By Liz Lucking. |
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Bubble Watch: Appraisers see overinflated home prices in Southern California

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead. Buzz: A novel home valuation index hints that
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Now is the time to get to grips with self-build mortgages – Grimshaw

As a general rule, if your client's property is run down but habitable, and only in need of minor improvements, a standard residential mortgage is
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Bank of England explores easier options for getting a mortgage

Threadneedle Street said it was undertaking a review of its mortgage market recommendations – affordability criteria that set a cap on the size of a loan
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Stuck between a lease and a mortgage: Guidelines for landlords to avoid loan defaults in the …

Stuck between a lease and a mortgage: Guidelines for landlords to avoid loan defaults in the COVID era. Thomas W. Slover December 11, 2020.
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The Housing Market Has Bounced Back from Covid, Will It Be Brought Down by Brexit?

How much can the economy, and the housing market, be expected to take? Covid-19 has delivered the deepest UK recession for more than 300 years
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St. Louis housing market bucks traditional fall slow down

LOUIS — The St. Louis single-family housing market is continuing its ascent, even during the fall months and colder weather that traditionally tempers
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Music video features over 100 Vancouverites in ode to housing market resiliency

… Vancouver residents is making its rounds online with the music speaking to those who have struggled with Vancouver's tumultuous housing market.
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B&B Mortgage Solutions sees busy year despite pandemic

Chow got into the mortgage business after graduating from Pacific University in Forest Grove, Oregon, which is where Shinegawa moved after
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Gershman Mortgage Introduces New Hybrid Loan Closings

Gershman Mortgage launched its new hybrid platform that allows borrowers to review and sign documents digitally from their homes, using any mobile
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Mortgage applications double between 2019 and 2020

New home mortgage applications have risen by 51% between 2019 and 2020, according to data collected by Trussle. The research shows that more
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Weekly Mortgage News Roundup for Dec. 11, 2020

Mortgage rates have stayed competitive this week and, in fact, they hit their 14th record low. That's not all there is to know in the world of mortgages
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US long-term mortgage rates flat; 30-year at 2.71%

Mortgage finance giant Freddie Mac said Thursday, Dec. 10, 2020 that the average rate on the 30-year fixed-rate home loan remained at 2.71% from
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BoE says banks can cope with Brexit and pandemic

The Bank of England says UK banks are sufficiently resilient to withstand a major economic downturn, even as the end of the Brexit transition and
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Black employees earn 20% less at Britain's biggest bank. It's trying to fix that

London (CNN Business) Lloyds Bank (LYG) has become the first UK lender to disclose the pay gap of its Black employees, shining a light on the
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Former Hong Kong lawmaker urges US to punish China's 'ATM': the banking sector

Leung suggested action should be taken to block Chinese banks from using SWIFT, a network used by banks globally to make financial transactions,
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Ken Moelis Gives His Bankers Blessing to Move Wherever They Want

Such is the new reality for Wall Street. One early lesson of the pandemic, as Morgan Stanley CEO James Gorman noted in April, was that banks will
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