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Long-term disability insurance is a valuable safety net designed to provide financial support when you are unable to work due to an extended illness or injury. However, one key aspect of long-term disability insurance that often requires attention is the waiting period. In this...

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Penrith BS joins Simplybiz lending panel – Mortgage Strategy

Simplybiz Mortgages has appointed Penrith Building Society to its lender panel. Penrith was established in 1877 and is one of the oldest building societies in the UK. Simplybiz Mortgages members will be able to access its full range of products, including interest only, later life options, and expat support with immediate effect. The partnership with Penrith is the latest in a series of additions to the...

SOFTWARE

Meet the team behind VIAINVEST – Legal department

Welcome to the final blog in the “Meet the team behind VIAINVEST” series. This month, we talked to Marta Smila, the Head of the Legal...

Prosper Performance Update – November 2024

Today, we are sharing performance data from the Prosper Portfolio for November 2024.Highlights from the Prosper Performance Update – November 2024:Average Loan Size for November originations...

LINUX

Nationwide forecasts ‘volatile’ start to 2025   – Mortgage Strategy

Nationwide predicts a “volatile” start to next year due to impending stamp duty changes, but adds that house prices in 2025 will rise by...

Finova strengthens senior leadership team – Mortgage Strategy

Finova the cloud-based mortgage and savings software provider, has confirmed updates to its senior leadership team. After seven years serving as executive chairman, Paraag Davé...

Four ways IP can flex to the changing needs of clients – Mortgage Strategy

Justin Taurog Justin Taurog, managing director, VitalityLife  Amongst the findings published in the Association of Mortgage Intermediaries’ Protection Viewpoint 2024 report, the divide in how different...

COMMUNITY

Homeowners Who Refinanced Recently Saw the Biggest Mortgage Rate Improvement in Decades

When mortgage rates fell to around 6% in August, homeowners jumped at the opportunity to refinance.In the months of September and October, more than 300,000 borrowers closed on a refinance, including nearly 150,000 rate and term refinances, per the latest Mortgage Monitor report from ICE.This pushed refinance volumes to their highest levels in more than two-and-a-half years.And more than a quarter of October mortgage...

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