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Paymentshield to host roadshows at the races

Paymentshield is hosting its 2008 broker roadshows at racecourses this May and June.

The events are being held to inform brokers of the insurance company’s plans for the year ahead and unveil new products and initiatives to help them earn more with Paymentshield.

The Roadshow will take place at York, Lingfield Park, Nottingham, Haydock Park, Warwick and Newcastle.

There will be a morning of business-focused presentations from Paymentshield’s executive team followed by a full afternoon of horse racing.

Limited places are available at each racecourse and entries are on a first come first served basis.


GMAC-RFC will cut 280 jobs

GMAC-RFC will cut its workforce by 280. The job losses are aimed at reducing its cost base, which the lender says is essential if it is to remain competitive. Last October GMAC-RFC cut 200 jobs and made a further 66 staff redundant by closing its direct-to-consumer arm High Street Home Loans.

US lenders rumoured to be pulling out

Rumours are rife that Preferred Mortgages, Southern Pacific Mortgage Limited and Mortgages PLC will cease trading within weeks.

MfB expands team

Mortgage for Business expands staff at business-to-business operation.


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