Servicers brace for a seismic change.



Mortgage servicing is about to undergo a seismic shift in the next few years as the regulator starts to focus its attention on how borrowers in difficulty are dealt with. There is a likely parallel with the provision of sales advice whereby the regulated entity must show that they know their ...

Exact Launches New Website.



Exact, the mortgage servicing company, has announced the launch of its new look website found on www.exact.co.uk. The website reveals each aspect of the business in more detail, including the recently launched Intelligent Mortgage Servicing platform, which will use predictive credit analysis to ...

Exact Launches Intelligent Mortgage Servicing.



Exact Mortgage Experts launches its Intelligent Mortgage Servicing platform today. The Exact platform uses predictive credit analysis to facilitate proactive mortgage account administration and collection strategies, delivering improved performance for lenders and borrowers. Exact clients can ...

Regulation urgency?



The credit crunch has created an air of regulatory urgency across the whole financial industry that is unprecedented and will have significant impacts on the mortgage market particularly. Just last week the regulator stated its intention to triple fines; a move I thoroughly agree with. Only ...

54% of Mortgage Brokers Want FSA to Regulate Buy to Let.



54% of mortgage brokers believe buy to let should be regulated by the FSA, according to new research from Exact mortgage experts. The research showed that 2 out of every 5 brokers said at least 90% of their BTL clients were amateur landlords. 63% of brokers surveyed said more than 75% of their ...

Alex King from Savills Private Finance wins Exact Prize Draw.



Alex King, executive director at Savills Private Finance is the lucky winner of £250 worth of John Lewis vouchers, announces Exact mortgage experts. Exact surveyed mortgage intermediaries about their views on the future of the buy to let mortgage market as part of their research for their ...

Survey reveals split on B2L regulation.



Exact has carried out a detailed survey on the BTL market for its latest White Paper and is based on the responses of 549 brokers, topics range from should the BTL market be regulated to where gross rentals yields are likely to stabilise. One of the interesting facts is that 54% of brokers think ...

White Paper: The future Buy to Let market in the UK.



Exact research considers the future shape of the buy to let mortgage market… ...