Tag: Council of Mortgage Lenders

Tight Credit Has Hurt Minority Borrowers The Most

African American and Hispanic households have been disproportionately affected by overly tight mortgage lending standards—and they constitute a surprisingly large share of the 4...

The Impact of Tight Credit Standards on 2009-13 Lending

Tight credit standards curbed mortgage lending activity from 2009 to 2013. Based on our estimates, if the cautious standards of 2001 had been in...

Bringing Back Non-QM

Litigation Guard, LLC and Bankers Insurance Service (BIS) have launched an online product for lenders that seeks to revitalize lending in the non-QM market....

CML: UK Lending Landscape 2012

Today, we publish our data showing the largest mortgage lenders in 2012. Overall, gross lending last year barely grew (£130 billion compared to £129...

First-time Buyer Lending in London at Highest Level Since 2007

First-time buyers accounted for 11,200 loans for house purchase in London in the second quarter of 2013, the largest quarterly number since the end of...

The Illusory UK Housing Recovery

Apparently there is life in the UK housing market. According to ONS, UK house prices increased by 3.1% in the 12 months to June...

CML: UK Lender Funding Outlook

While the talking heads continue to debate prospects in the eurozone and the global economy that affect UK lenders' funding outlook, it has become...

UK First-time Buyers Lending at Highest Level Since 2007

Lending to first-time buyers has hit its largest quarterly total since 2007 with 68,200 purchasing their first home in the second quarter of 2013,...

UK First-Time Buyers: The Story Behind the Numbers

Our recent press release showed a strong increase in the number of first-time buyers. In May, lenders advanced 25,100 first-time buyer mortgages during the month...