Owner: Mortgage Broker URL:http://www.brightlightmortgagebroker.co.uk Join Date: Wed, 21 May 2008 05:07:49 -0500 Rating:0 Site Description: a simple guide about Mortgage Brokers from brightlight, brightlight connecting you to advisers in your local area Site statistics:Click here
FSA Cracking Down on Mortgage Brokers 2008-05-15 05:36:11 As the FSA continues its investigations into claims that mortgage brokers defrauded consumers, yet another London mortgage broker was forced to stop doing business this week. The industry is feeling the pinch after many fly-by-night mortgage brokers were accused of misleading their customers and raking in loads of cash through rate fixing and other scams. [...] Read more:Cracking
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Mortgage Holders Sue Mortgage Broker 2008-05-08 16:00:12 Nine homeowners are attempting to sue a mortgage broker after losing more than $900 thousand in an apparent “ponzi” scheme. The mortgage broker is being accused of literally taking the money and running, leaving the homeowners holding the bag. Although only nine people are suing, it is believed that a total of 800 people were [...] Read more:Mortgage
, Broker
Mortgage Broker Calls For Action Against Lenders 2008-04-30 07:09:01 A mortgage broker is asking the AMI to look into the conduct of lenders after launching accusations that banks are treating them unfairly. Many mortgage brokers have been caught up in the storm of the housing crisis and few have managed to stay in business. The call to action is asking the AMI to investigate [...] Read more:Mortgage
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, Lenders
Mortgage Broker Nicked For Fraud 2008-04-23 04:42:36 A Northern Ireland mortgage broker has been caught red handed in fraud and according to the FSA, his business has now been banned. There have been numerous reports of similar cases with mortgage brokers, and many are coming to a head now that the housing crisis is all over the news. Many have alleged that [...] Read more:Mortgage
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Mortgage Broker Moves to Offer Lower Rates 2008-04-16 08:23:11 In a move that has angered many banks in the UK, HSBC announced that they would be offering special low rates to new customers, even those who are in need of refinancing. The mortgage broker announced that customers would be given access to the same original rates that they were quoted when they first took [...] Read more:Mortgage
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Mortgage Brokers Struggle 2008-04-14 08:13:57 Mortgage brokers are really feeling the pinch of the crumbling housing market as more people shy away from purchasing new homes. “We had to really crunch it down,” said Alex Ramirez, with Trusted Mortgage Pro. “It’s been pretty radical to see this complete cleansing of the market.” The crisis has put many lenders out of [...] Read more:Mortgage
, Brokers
Mortgage Broker Tips 2008-04-14 00:16:01 If you are new to the process of buying a home, you may want to consult with a mortgage broker to determine what your best options are. These companies specialize in helping consumers find the best rates possible and they are used to working with multiple banks. It is always a good idea to compare [...] Read more:Mortgage
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Mortgage Broker Information 2008-04-13 23:19:22 If you have never worked with a mortgage broker before, they are a very good advocate to have on your side when you need a home loan. There are numerous companies that offer this type of service and you can enjoy a lot of benefits by working with a mortgage broker. First, you can consolidate [...] Read more:Mortgage
, Broker
Mortgage Broker 2008-04-13 17:25:50 If you are new to buying a home or you just want a little help through the process, a mortgage broker is a very beneficial person to have in your corner. It is very easy to find a qualified mortgage broker and they can make the application process a lot simpler when you are ready [...] Read more:Mortgage
, Broker
Did Mortgage Brokers Overcharge Clients? 2008-04-09 08:33:54 The latest casualty in the housing crisis may be home owners who are now finding out that they were overcharged by their mortgage broker. In an a new study that was released today, it was found that customers of mortgage brokers were paying significantly higher rates than the banks required. Consumers were not aware of [...] Read more:Mortgage
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, Clients
ING Taking a Stab at Interhyp 2008-05-24 07:35:18 Germany’s largest mortgage broker has found itself in an interesting situation after receiving a bid from ING direct. ING, based out of Amsterdam, has made a bid for Interhyp, valuing the company at over 400 Million Euros. This would lead to a payment of over 4 Euros per share for all shares. News of the [...] Read more:Taking
First Time Buyers Urged to Seek Help From Mortgage Brokers 2008-05-29 15:34:23 Although this is a buyer’s market right now, thanks to falling home values, many first time buyers are finding it difficult to get a loan. Experts are encouraging consumers to seek the help of a qualified mortgage broker to assist in this issue. Most mortgage brokers work with many different banks and can be of [...] Read more:First
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Mortgage Brokers Helping Consumers 2008-06-04 07:09:52
Right now, according to financial experts, it is vital for consumers to seek the help of a mortgage broker in order to secure the best loan deal. Although there may be a slight fee to work with a mortgage broker, this is more than made up by the work they do to get consumers a [...] Read more:Helping
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Mortgage Brokers Not Able to Help Much 2008-06-13 06:59:31 Despite the best efforts of many mortgage brokers, it is simply becoming impossible for many to get a home loan. Even mortgage brokers are finding it difficult to locate low rates and the latest increases will not help. Many turn to mortgage brokers when rates go up, but right now, it appears as though there [...] Read more:Mortgage
, Brokers
Mortgage Brokers Unable to Help Many 2008-06-19 07:07:25 Although consumers are seeking out the help of a mortgage broker to try to get a lower rate, few are finding it possible. Even mortgage brokers are unable to combat the rising interest rates and working with one has little benefit beyond receiving mortgage advice at this point. For those that are desperate to get [...] Read more:Mortgage
, Brokers
More Seeking the Help of Mortgage Brokers 2008-06-26 06:05:36 Consumers are seeking the advice of mortgage brokers in greater numbers in an attempt to save money. Currently, in order to get a low rate, it helps to have a mortgage broker working with you and with several banks. Otherwise, without the help of a mortgage broker, even with their fees included, it is practically [...] Read more:Seeking
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Mortgage Brokers Continue to Struggle 2008-07-18 04:58:44 As rates continue to go up, many consumers are bypassing the help of a mortgage broker and going direct in hopes of saving money. Although a few banks have dropped rates, this does not mean that mortgage brokers will get immediate help. Many consumers have been inundated with bad news about mortgage broker fraud and [...] Read more:Mortgage
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Mortgage Broker Woes Increase 2008-07-10 04:12:26 Now is one of the worst times to be a mortgage broker in the UK, thanks in a large part to the reticence of banks to lend on new home loans and the continuing trouble in the housing market. It may be months before mortgage brokers are able to see the kind of business they [...] Read more:Mortgage
, Broker
Mortgage Brokers Give Advice On Where to Look For Cheap Loans 2008-08-01 03:55:34 A few mortgage brokers in the UK are offering advice on where to seek low rate loans, but the road still won’t be easy for most borrowers. Right now, even though mortgage brokers are do all they can to secure low rates for their customers, many banks just aren’t willing to offer good deals. Many [...] Read more:Mortgage
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, Cheap
, Loans
Mortgage Broker Penalized 2008-08-15 07:48:44 As allegations continue to fly about mortgage broker practices, yet another one was reprimanded for their actions in regards to setting up deals with banks. This is yet another case where mortgage brokers have been blamed for getting their clients into deals that they could not hope to pay back and the crackdown is definitely [...] Read more:Mortgage
, Broker
Mortgage Brokers Discuss UK Property Market 2008-08-08 07:37:52 Not many UK mortgage brokers can seem to come to a general consensus on the state of the housing market. Although some banks are dropping rates, there are few loans to go around if you listen to some mortgage brokers, while others claim that they are out there, but just hard to find. Regardless of [...] Read more:Mortgage
, Brokers
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, Property Market
Mortgage Brokers Get Ready For Rate Drops 2008-08-29 05:05:35 Even though business has been tight for many mortgage brokers, it does appear that the projected rate drops may help the industry. For the mortgage brokers that have managed to weather the storm, the next six months will certainly prove interesting as rates begin to fall again and first time buyers start to take advantage [...] Read more:Mortgage
, Brokers
, Drops
Mortgage Brokers May See a Return in Business 2008-08-22 08:38:22 Although many mortgage brokers have been struggling in recent months thanks to a lack of available mortgages, this may soon change. This news comes to late for many mortgage brokers that are now out of business, but there does appear to be hope on the horizon for those mortgage brokers that managed to hold on.
Senior [...] Read more:Mortgage
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, Return
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Mortgage Brokers See Less and Less Activity from Consumers Trying to Save Money 2008-09-27 07:41:17 With so many individuals trying to avoid mortgage brokers, it is easy to see that the mortgage broker industry is having some difficulties. When consumers are ready to save money, they know that they need to skip the middleman, and that is exactly what the mortgage broker is. By utilizing a direct loan instead of [...] Read more:Mortgage
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, Money
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