28 Jan

RBS is setting aside another £3 billion to deal with its mortgage-backed security case in the US

RBS is setting aside another £3 billion to deal with its mortgage-backed security case in the US
Ross McEwan, Chief Executive of RBS (Royal Bank of Scotland). Peter Macdiarmid/Getty Images Royal Bank of Scotland has taken a £3.1 billion ($ 3.92 billion) provision as it prepares to settle claims in the United States that it mis-sold toxic mortgage …
The Business Insider

New Redfin Mortgage Firm Will Be Based In Dallas; Initially Focused On Texas Triangle Home Loans
DALLAS – Redfin, a Seattle-based residential brokerage firm, has formed Redfin Mortgage, which will be based in Dallas. Redfin Mortgage will begin issuing loans in the first half of 2017, initially serving customers in Houston, Austin, Dallas, and San …

Jer Cox of Academy Mortgage receives Patriotic Employer Award
As America’s National Guard and Reserve forces spend more time deployed and away from their workplaces, their employers are being asked to sustain a much greater level of employee absence and related consequences. Jer Cox, a branch manager with Academy …
Arizona Daily Sun

Trump delay of FHA mortgage fee changes is reasonable
The Trump administration’s first official act was to restore some mortgage fees that had just been eliminated by the Obama administration. The Democratic response to it suggests that nearly a decade after the housing bust, the nation may finally be ready …
Read more on The Commercial Appeal

Property News: Signs suggest mortgage interest rate rise may be on cards this year
PERRY Bishop and Chambers’ Ffinancial Aadvisor, Mark Weston, takes stock and asks if the battle of low interest rates now over. 2016 will certainly be a year to remember. We sadly said goodbye to an astonishing number amount of celebrity icons, then …
Read more on Wilts and Gloucestershire Standard