Mortgages

Investors in residential mortgage backed securities (RMBS) are acting irrationally, and demanding excessive premiums, says the Council of Mortgage Lenders (CML).

The number of home repossessions in the UK has soared by over 70% during the past year, according to research from the FSA.

Trigold is to integrate its online sourcing system with a lead reporting tool to make it easier for advisers to manage purchased leads.

Key Retirement Solutions (KRS) has today launched an enhanced service for its referral partners.

BDS Mortgage Group has hired two underwriters to improve its broker service standards and develop business relationships.

House prices will not recover to their 2007 peak levels for at least five years, according to the Centre for Economics and Business Research (CEBR).

Money Portal (MP) has partnered with Legal & General Mortgage Club to offer its members access to L&G's range of mortgage and general insurance products and services.

Alliance & Leicester says it will withdraw all two-year tracker mortgages from its range by the end of today.

The Government is to issue judges with new guidelines on dealing with repossessions.

Demand for fixed rate mortgages is on the up despite a surprise interest rate reduction this month and the prospect of further cuts on the horizon.