Mortgages

Most mortgage brokers are not using back-office or customer relations management (CRM) systems to manage their business, according to Mortgage Brain.

Home Buyer Systems (HBS) is offering brokers a free 24-hour trial of its HBSLite sourcing system.

The FBI has arrested over 400 US property market professionals on suspicion of mortgage fraud.

Richard Farr is to step down as director of the Association of Mortgage Intermediaries (AMI) as part of a restructure.

Alliance & Leicester has launched a new fax system to speed up packaging for brokers and their clients.

Gross mortgage lending fell slightly in May after making a small recovery in April this year, according to the Council of Mortgage Lenders (CML).

The cost of an average two-year fixed rate mortgage has increased by over 60 basis points in the last three months, according to Legal & General.

Britain's largest mortgage lender HBOS warned UK house prices will fall by as much as 9% this year.

Mortgage Next has launched two semi-exclusive prime mortgages, with funding provided by Kensington Mortgages.

Northern Rock's speedy loan repayment could intensify the credit crunch, according to New Star economist Simon Ward.