The interim document of the Mortgage Rule Review (MRR) will be published before Christmas, according to the Financial Conduct Authority (FCA). The MRR is a broad FCA initiative to revamp the mortgage market, aiming to simplify the process of homebuying and getting a mortgage and… The post MIT Live: Interim Mortgage Rule Review here by Christmas, says FCA appeared first on Mortgage Strategy.
Well done to the Mortgage Up and Mortgage Futures Network team! Both teams were challenged to tackle one of the mortgage industry’s biggest questions: how do we attract, develop, and retain the next generation of mortgage talent? The ideas that came in were creative, practical,… The post MS NextGen Future of the Mortgage Industry Challenge – winners appeared first on Mortgage Strategy.
Pure Retirement has launched interest servicing across its Emerald lump sum and drawdown lifetime mortgages. The launch offers a discounted interest rate for customers making monthly payments of at least 25% of the monthly interest. Customers can stop making monthly payments at any time, for… The post Pure Retirement launches interest servicing across Emerald lifetime mortgages appeared first on Mortgage Strategy.
Mortgage firms risk becoming hooked on artificial intelligence (AI) tools before finding themselves exposed to rising costs, a roundtable at Mortgage Strategy’s MIT Live 2026 has heard. One attendee compared the business model behind AI to that of “a heroin salesman”, warning that providers could… The post MIT Live: Beware ‘heroin salesman’ AI tactics, firms are warned appeared first on Mortgage Strategy.
Brokers’ use of free AI tools such as ChatGPT presents a “colossal disaster waiting to happen, Instamo founder Freddie Savundra warned in a panel debate this morning. Speaking at MIT Live 2026, Savundra said that rather than waiting for upgrades to their customer relationship management… The post MIT Live: Brokers’ use of ChatGPT ‘colossal disaster waiting to happen’ appeared first on Mortgage Strategy.
