DealCatalyst’s Post

We recently hosted our latest regulatory forum, bringing together participants from across the industry to discuss upcoming regulatory changes as part of Basel 3.1. With participation from UK Finance, Barclays, Santander, Virgin Money, Leeds Building Society, Yorkshire Building Society and the Bank of Ireland, we covered: ✅ Establishing a common baseline understanding of upcoming regulatory changes ✅ The impacts and implications for the residential mortgage sector ✅ UK and European interpretations of the regulatory changes Get in touch with us to find out more about the changes: https://bit.ly/3QkoaFz

Check out our annual What’s Going on in Banking Report! There’s really some interesting nuggets in this year’s report courtesy of Ron Shevlin. The number of execs listing credit quality/problem loans as a high priority increased YOY from 7% to 23% and 16% to 37% for banks and credit unions respectively. Also on the lending front, the number of execs who cite Mortgage Lending as a high priority increased YOY from 20% to 44% and 30% to 58% for banks and credit unions respectively. Interesting results given our current rate environment.   Get the full report here: https://lnkd.in/dhAR9qSY

🔔 RBNZ OCR Decision 2pm Wednesday: What Can We Expect?🔔 Markets have spoken! The 2yr swap rate (bank wholesale funding rate) has dropped to Sep 2022 levels (4.19%), down 1.6% from the peak on 4 Oct 2023 (5.79%). The latest inflation and unemployment statistics have left the door wide open for OCR cut/s. The only unknown variable is the RBNZ itself, the organization tasked with "protecting and promoting the stability of New Zealand’s financial system." At adviceHQ, we assist clients in both increasing and decreasing rate environments. Contact us for independent financial advice on your mortgage refix, restructure, or refinance. #adviceHQ #RBNZ #OCR #FinancialAdvice #mortgages #interestrates

Refix time? Seek independent financial advice from adviceHQ to make an informed decision. #adviceHQ

Exciting news for homeowners and investors! This week marks another round of rate cuts across the board, impacting both residential and buy-to-let sectors. Lenders like TSB and Santander, along with NatWest and Bank or Ireland starting tomorrow. For borrowers, this means more savings and opportunities. Rest assured, our existing clients will receive timely updates from our team as usual. It’s moments like these that highlight the advantages of working with a broker—unlike many banks, we proactively inform you about rate decreases, even after your rate is locked in. Stay tuned with LIFT-Mortgages for more updates. #MortgageRates #MortgageBroker #RateReductions

🚨 Exciting day ahead! 🚨 I'm thrilled to be speaking at the Payment Difficulties and Recoveries Conference today, hosted by UK Finance, in Manchester. 🎙 I'll be talking about Proactive Prevention: The Evolution of Early Intervention Strategies in Mortgage Collections. It's an important topic as we look at new ways to help customers navigate financial challenges before they escalate. Looking forward to insightful discussions and networking with industry experts. #UKFinance #DebtAdvice #EarlyIntervention #MortgageCollections #FinancialWellness

What's happening in the real estate world across North America! Banking institutions are preparing for a record number of defaults on mortgages. Do you think prices are going to drop or will they continue to steadily increase?

Your dream home shouldn't come with stress. Let Greater State Bank simplify the process for you with 🔑 Competitive rates 🔑 Knowledgeable lenders 🔑 Easy application process 🔑 Personalized attention  🌐 bit.ly/49GbMGE #Homeownership #MortgageMagic #GreaterStateBank

2024 looks to be a turning point in many financial markets, including commercial finance, after two years of a one directional #interestrate cycle.   Here are our thoughts on the outlook for #commercialmortgages in 2024. However, as with any good forecast, things are always subject to change and caveats, as we've seen with the three-way split in today's Bank of England #MonetaryPolicy Committee vote. https://lnkd.in/eFrfqmMB #BankofEngland #MPC #ratedecision #commercialfinance

⭐ Rates, what do you think is going to happen? ⭐ Such a common question I always get asked by everyone I talk with. Interesting to see that NAB is predicting the drops are coming the last quarter of this year and trending into 2025. (noting prediction is as of 07/03/2024) Link- https://lnkd.in/gAag8zGn 💠 How am I sitting right now with my banking in relation to rates? 💠 What will that do to my repayments when rates do eventually drop? 💠 Can I start planning ahead in preparation for this? These are all valid questions which I can help you with and a great time to start planning for this! One call away no matter where you are 🙂 Name: Nick Stojanovski Home Lending Executive 3 Mobile: 0436 616 502 Email: nick.stojanovski@nab.com.au #samedayapprovals #investing #australiawide #finance #realestate #mortgage #business #networking #bankingindustry #economy #management #Newcastle #RegionalNSW #morethanmoney #nab