Exact today announced it has carried out due diligence on over 20,000 borrowers and £2.5billion worth of mortgage assets since the launch of their Asset Quality Assessment service (AQA), in April 2008. AQA has been popular with owners of and investors in mortgage ...

The government’s latest bailout plans may well be the turning point that we have been looking for. They have acknowledged that a bank that does not lend money to householders and business is of no use whatsoever. The insurance backed guarantees for the most toxic assets comes with a demand ...

Calls for a ‘Bad Bank’ have been increasing over the last few weeks as it becomes clear that the government’s strategy for avoiding the worst ravages of a recession are failing. The recent cuts in interest rates to their ...

I for one won’t be sad to see the back of 2008 which undoubtedly was an annus horribilis for the mortgage market. My view of 2009 is that it will be a difficult and very challenging year for the entire Country as well as being particularly painful for the mortgage ...