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Ward returns to IMLA

Tony Ward, managing director of Home Funding, has been elected to the Intermediary Mortgage Lenders Association’s board of directors, having left the organisation five years ago to focus on his own firm.

His return has led to speculation that Ward, a former chairman of IMLA, is preparing to return to the helm of the lender trade body.

But Ward says: “I wouldn’t rule out resuming the chairmanship but I’ve only just returned to IMLA so for now my focus is on lending my funding expertise to the board and pushing through the current economic climate.”

Ward replaces Paul Howard, sales director at Nationwide Specialist Lending, but the rest of the board remains the same.

Godfrey Blight, managing director of sales and marketing at GMAC-RFC, stays on as chairman and John Heron, managing director of Paragon Mortgages, will remain as deputy chairman.

Bob Young, managing director of CHL Mortgages, and Colin Shave, chief executive officer of GE Money Home Lending, remain directors.

Blight says: “I’m pleased to welcome Ward back. His expertise will be a welcome addition to the IMLA board.”


Buyers show interest again

Buyers began to return to the housing market in November, the Royal Institution of Chartered Surveyors reports.

Burnett: what needs to happen for value to start performing again?

Value stocks have significantly underperformed growth stocks in Europe in the past decade. However, Rob Burnett, manager of the Neptune European Opportunities Fund, believes we are now approaching an inflection point. Watch the video below to find out more. In the video, Rob discusses: How low inflation and loose monetary policy since the global financial […]


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