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News
Recognise launches five-year fixed option to commercial range
1+ hour, 20+ min ago (180+ words) The five-year product has been introduced is available alongside Recognise Bank’s existing two-year fixed rate option. Available on commercial investment and owner-occupied properties, the five-year fixed option offers loans from £250,000 to £3m up to 70% LTV. Early repayment charges for the new…...
West One expands mortgage sales team with four appointments
1+ hour, 43+ min ago (210+ words) Harry Galvin has joined as regional account manager for central London, having previously worked as a mortgage broker at Go Finance and as a business development manager at Furness Building Society. Sarah Walters has been appointed telephone business development manager…...
West One expands mortgage sales team with four new hires
2+ hour, 33+ min ago (242+ words) The specialist lender has appointed a regional account manager and three telephone BDMs. West One has strengthened its mortgage sales team with the appointment of four new members, enhancing its intermediary relationships and support for brokers across the UK. Joining…...
King & Spalding Expands Structured Finance Platform with Addition of Ching and Kummer in New York
7+ hour, 16+ min ago (363+ words) ABF Journal King & Spalding added structured finance partners Jonathan Ching and Andrew Kummer to its finance and restructuring practice group They are based in the New York office Ching and Kummer join from McDermott Will & Schulte and bring extensive experience…...
TPO GO exits wholesale channel, aligns with Stockton Mortgage
1+ day, 21+ hour ago (408+ words) TPO GO will exit the wholesale mortgage channel nationally under a strategic alliance with Stockton Mortgage that closes Aug. 10. The deal is described as not an acquisition, but it is expected to move most of TPO GO’s wholesale sales and…...
Cornerstone Capital Bank Hires Karen Klemcke to Expand Builder Mortgage Business
1+ day, 23+ hour ago (644+ words) Cornerstone Capital Bank and its Cornerstone Home Lending division have hired Karen Klemcke as executive vice president of production, adding a veteran builder mortgage executive as the Houston-based financial services company expands its national builder platform and affiliated business strategy....
Vida Group mortgage assets surpass £3bn in H1
2+ day, 2+ hour ago (430+ words) Vida Group Holdings reported mortgage assets of more than £3bn in the first half of 2026, as gross new lending more than doubled year-on-year to £840m. Gross new mortgage lending increased from £348m in the first half of 2025, while retail deposits grew to £3.4bn, compared…...
Builder Mortgage Executive Karen Klemcke Joins Cornerstone Capital Bank
2+ day, 32+ min ago (367+ words) Aug 10, 2026, 08:02 ET Klemcke joins Cornerstone with over two decades of leadership experience with affiliated mortgage divisions of D.R. Horton and Lennar, the nation's two largest home builders, with a career focused on developing strategic partnerships, strengthening performance, and helping mortgage companies…...
HSBC to make sweeping cuts tomorrow
2+ day, 2+ hour ago (143+ words) HSBC is cutting rates across its residential and buy-to-let ranges tomorrow, following moves by other major lenders. The bank does not give brokers advance notice of the scale of any cuts, but scores of rates are set to fall in…...
Fast-paced partnership brings Gorski and TR Group together
2+ day, 12+ hour ago (1199+ words) For Gorski Engineering and TR Group the past 12 months have been big on the business front. As both businesses entered periods of rapid expansion a unique opportunity to work together presented itself, kick starting a partnership created to deliver quick…...