On the other side of the Atlantic Bank of America is working with the US regulators to convince them that they are in such a good state that they can now start paying back billions of dollars of federal bailout money.  Last week the firm announced that it was exiting two of the bailout schemes ...

I was quite surprised when I read about the sharp increase in the number of firms looking to start up new banks in the UK. Apparently there are up to 30 such companies who see the UK banking space as the next big thing. What is putting the vast majority off actually applying for a license is ...

Following on from my comments last week about a long awaited upsurge in new housing starts I am concerned about how these new builds are going to financed.  Obviously house builders and developers will need to sell these properties to prospective home owners or investors and we are all too aware ...

Further to the appointment of Phil Jenks to the role of non executive director, Exact Mortgage Experts are delighted to announce that Malcolm Larmouth has joined the mortgage servicing company as Head of Business Development. Malcolm joins Exact from rival Scarborough Mortgage Services where he ...

The BBA figures out last week showing that mortgage approvals were at a 17 month high was welcome news. Housing transactions appear to be finding their way through despite the continued difficulties in securing mortgage finance; many of my friends in the estate agency business are also ...