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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! -- Ignore unavailable to you. Want to Upgrade?

To: ravenseye who wrote (4272)	5/22/2007 4:09:53 PM
From: ravenseye	Respond to of 5673

Nationwide chief executive pledges broker commitment Clare Bettelley - 22-May-2007 By Clare Bettelley Nationwide's chief executive Graham Beale has pledged a commitment to developing stronger relationships with brokers.... mortgagestrategy.co.uk ...If approved by the Financial Services Authority on August 28, Nationwide will become the second largest mortgage lender about HBOS and the second largest retail savings provider in the UK, with assets under management of more than £150bn.... Nationwide knocks retention fees Published: 13:47 Tuesday 22 May 2007 By: David Campbell, New Model Adviser News Reporter An attempt by HSBC and Halifax to build-up repeat mortgage business by offering brokers high retention fees for returning customers has failed, Nationwide has said.... citywire.co.uk ...Lenders traditionally only offered incentives for new mortgage business, but HSBC and Halifax began paying brokers for returning borrowers at the end of 2006.... ...‘Lenders are once again paying brokers to take the strain of the market,’ ... Nationwide and Portman to merge lending but maintain brands Published: 16:12 Monday 14 May 2007 By: David Campbell, New Model Adviser News Reporter Nationwide and Portman are to retain their specialist mortgage lending brands but will consolidate staff and management following the merger of the two building societies. Nationwide is to merge with Portman in August and its specialist lender, UCB Home Loans, will merge with Portman’s subsidiary, the Mortgage Works, over two years.... citywire.co.uk