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09:38 25/01/2009

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Repayment Mortgages News

Mortgage Introducer

FSA: MMR will not ban interest-only mortgages
FT Adviser
She said that lenders would “at least once during the term of the interest-only mortgage” need to go out and check that the repayment vehicle was “on track”. On the issue of whether property sale as a means of repaying the interest-only mortgage were ...
FSA says no to ban on interest-only mortgagesCompliancy Services
Interest-only mortgages won't be bannedMortgages.co.uk
Interest-only should be broker nicheMortgage Introducer
Mortgage Strategy -Mortgage Solutions
all 9 news articles »

08:54 AM 05/24/2012

Longford Leader

Central Bank to push lenders on escalating mortgage arrears
Irish Times
LENDERS ARE being pressed to identify borrowers who are unlikely to be able to repay mortgages and to push for agreed sales of properties and the repayment of any shortfall under plans being devised for the Central Bank. The regulator said it was “not ...
Quarter of all home loans in troubleIrish Examiner

all 16 news articles »

01:10 AM 05/22/2012

UK Lending Drops as Recession, Interest Rates Take Toll
Wall Street Journal
Seasonally-adjusted net mortgage lending grew GBP0.7 billion in April, down from March's GBP0.9 billion increase and compared with GBP1.3 billion a year earlier. Non-financial companies made another net repayment in April, this time of GBP1.7 billion ...

and more »

12:30 PM 05/24/2012

The Guardian

Catalogue debt on the increase, warns money advice charity
MyFinances.co.uk
The British Bankers Association reports that UK consumers made a net repayment on credit card and loan debts of £305 million, whilst mortgage approvals fell from January. Consumers relying on payday loans are getting trapped in a downward spiral of ...
Get free debt advice and avoid loan sharksMirror.co.uk

all 10 news articles »

10:02 AM 05/24/2012

Thomson Reuters News & Insight

Can the vagaries of UDAAP overshadow the relative definiteness of TILA's ...
Thomson Reuters News & Insight
To illustrate the power of UDAAP, consider its possible intersection with the Dodd-Frank Act's “ability-to-repay” amendment to the Truth in Lending Act (“TILA”). The extent to which mortgage originators are obligated to determine a borrower's ability ...

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05:11 PM 05/23/2012

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