Vida Homeloans’ parent company has completed its sixth residential mortgage-backed securities deal, raising £350m from a pool of buy-to-let and owner-occupied mortgages. Specialist lender Belmont Green Finance said the transaction, called Tower Bridge Funding 2021-1, is backed by a range of banks including Barclays, JP Morgan and Santander. He added that the deal had “significant …

Habito has launched a fixed rate mortgage with a term of up to 40 years. Available from 60 percent LTV to 90 percent LTV, Habito One begins with a 10-year option and increases from five years to 40 years. Habito said it plans to introduce a 95% LTV option “later this year”. At 60 percent …

We often see very wealthy clients who have significant assets but are having difficulty finding a mortgage due to their income profile. You know the customer profile I’m talking about; you probably meet them a few times a year. They usually have a large, valuable house, which may have been bought by their parents or …

Kensington Mortgages has agreed to a securitization worth £ 472million, which the specialist lender says is “a critical part of the funding cycle” allowing it to target underserved lending markets. The lender said the oversubscribed deal attracted 28 investors to four loan tranches at a total cost of 66 basis points in the UK residential …

Renting had never been on Liz Hamburger’s card, choosing instead to put money aside each month while living with her parents and heading to London. She is gradually saving and in December 2016, Liz, now 29, buys her first house with her then boyfriend. Obtaining a mortgage with a down payment of 10%, Liz says …

The most popular video on Sam Kwak’s YouTube channel has 3.5 million views. There is nothing fancy. Just half an hour of conversation with Kwak. A few sheets of printer paper and a thick black Sharpie his only accessories. But it does offer something viewers can’t resist: the promise to magically pay off a mortgage …

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) – Institutional Mortgage Capital (“IMC”) is pleased to announce the launch of the open-ended Active Mortgage Fund (“AMF”). The AMF was initially launched as a closed-end fund in December 2016. The AMF was converted from a closed-end fund to a variable-capital fund, effective January 1.st of this year. “The …

eMoneyHub, parent company of peer-to-peer lender JustUs, has hit its £1.3m fundraising target to launch its People’s Mortgage product in the second quarter of this year. The goal was reached in three days and supplied by 281 investors. This latest funding round comes on top of the £1.2m the lender has already secured, …

TORONTO, July 14, 2020 (GLOBE NEWSWIRE) – The Downing Street Group, a Toronto-based real estate investment firm, today announced the launch of its $ 100 million private placement offering on DealSquare for Downing Street Premium Yield Mortgage Fund LP (“DSPYM”). Powered by NEO technology, DealSquare is a joint initiative between Silver Maple Ventures and NEO …

TORONTO, March 11, 2020 / CNW / – Forgestone Capital is pleased to announce the successful closing of another $ 100 million in the capital commitments of its institutional partners in Forgestone Mortgage Fund LP. The Forgestone Mortgage Fund is an open-ended investment vehicle focused on preserving capital and providing investors with consistent, stable and …

Writs filed in the Supreme Court of Victoria document the default of numerous loans to finance developments and allege that investors suffered loss and damage due to the conduct and actions of Oliver Hume. The relief sought includes fair financial compensation, including payment of interest owed and the removal of Oliver Hume as trustee of …

VICTORIA – Essential workers in British Columbia who are struggling to afford a home in the community where they work may soon have access to a new mortgage financing solution for buying a first home. A mortgage investment company (MIC) launched by the non-profit organization British Columbia Construction Association (BCCA) aims to make it easier …

Victoria Mutual Building Society (VMBS) President and CEO Courtney Campbell announced on Friday the launch of a new 100% mortgage offering for Jamaican self-employed and contract workers. These groups, including taxi drivers, hairdressers, plumbers, electricians, micro-business owners and contract workers have often been denied loans and mortgages because their incomes “were inconsistent”. Campbell said during …

Secure Trust Bank has confirmed it will stop granting new mortgages following consultation. The bank said it would not offer new mortgages to borrowers “until terms become more favourable” and contacted staff about it. The current economic climate, increased competition and pressures in the housing market were highlighted as having contributed to the decision. Existing …

Secure Trust Bank has started a consultation on a proposal to stop granting new mortgages. The lender says the action is taken in light of the current economic climate, increased competition and pressures in the housing market. The company intends to operate as normal throughout the consultation and says there will be no impact on …

Strict visa regulations and concerns made it difficult for many Americans citizens to obtain mortgages on properties in the UK. Helen Burggraf watches the banks put the pieces together Americans living in London are no different from other Londoners in one respect: it doesn’t take long for them to start talking about property and their …

The cost of mortgages in the country could drop significantly in the coming days as the government steps up its intervention in the housing sector. The New Times understands that a $ 150 million loan from the World Bank Group is expected to be approved in about a month, and the proceeds from the sale …

Investors backed a Dutch residential mortgage fund, managed by NN Investment Partners, to raise more than €2 billion in 30 months. Since its launch in November 2015, NN Dutch Residential Mortgage Fund has received commitments from Dutch institutional clients and overseas investors, helping it break through the €2 billion mark at the end of May …

WASHINGTON — After several years of preparation, Fannie Mae and Freddie Mac will begin issuing a new joint mortgage-backed security starting June 3, 2019, the Federal Housing Finance Agency announced Wednesday. Currently, the two government-sponsored companies issue mortgage-backed securities through the market to be announced. But this will be replaced by the Uniform Mortgage-Backed Security, …

“Old Fashioned” Mortgage Offers: Why Bother? We live in the internet age and yet it is common to receive a mortgage offer in the mail. Why do you get such offers, and are they good? The answers may surprise. Check your new rate (November 26, 2021) The mortgage offer and targeted marketing “You have no …

ORLANDO, Florida., September 15, 2016 /PRNewswire/ — Legion Capital Corporation, a direct-to-market venture capital firm managed by a renowned venture capital executive Jim Byrd and president Brad Hilton of the renowned Hilton Hotel family, announced the launch of their new venture capital fund, LEGION HIGH YIELD MORTGAGE FUND I, LLC, a $25 million real estate …

new York: JPMorgan Chase & Co announced Friday that it agreed to pay $ 4.5 billion to settle claims from investors who lost money on mortgage-backed securities before the collapse of the US real estate market. The bank struck a deal with 21 institutional investors in 330 residential mortgage-backed securities trusts issued by JPMorgan and …

* Carlyle Capital’s collapse resulted in $1 billion in losses * Lawsuit charges Carlyle with negligence * Suit says Carlyle should have acted faster to save funds NEW YORK, July 7 (Reuters) – The Carlyle Group is being sued by the liquidators of a bankrupt mortgage-backed securities fund set up by the private equity group, …