Non-bank lender ICS increases mortgage rates for third time this year
ICS Mortgages raises variable mortgage rates by 0.25 percentage points from July 1 due to higher wholesale funding costs ahead of expected ECB rate increases.
The mega-lender myth: Why consolidation won't deliver the holy grail
Well-capitalized non-bank lenders with modern technology gain market share, but large fully vertically integrated mortgage firms create inefficiencies that limit perfect integration.
