Mortgages

GMAC-RFC has fully integrated its point of sale (POS) system with Trigold's Electronic Trading Centre.

Recent data on the buy-to-let market suggests a strong year for residential property investment, claims Paragon Mortgages.

Nationwide Building Society claims borrowers will spend £200m unnecessarily on higher lending charges during 2006.

February's gross lending of £14bn was the highest February total on record, 18% above the February 2005 figure and 4% above the total in February two years ago, the British Bankers Association (BBA) has said this morning.

House prices rose by 0.5% in March the latest survey from Hometrack reveals.

Lifelink Mortgage Services has selected The Exchange's Exweb Broker portal to support its directly authorised mortgage intermediary offering.

General Motors has sold its finance arm, GMAC Commercial Holding Corporation for $8.8bn.

Trigold has teamed up with Focus Business Solutions to produce a new mortgage application service called ‘Z-apps'.

A customised version of the MortgageStream case management system has been launched by Covernet UK.

HSBC's plans to pilot an equity release service in conjunction with specialist provider In Retirement Services has met with concern on its lack of independent financial advice.