Lehman Brothers has confirmed that Louis Kaszczak has joined its mortgage division, as exclusively revealed in Mortgage Strategy.
Kaszczak has been appointed business development executive in the broker director distribution channel of Lehman Brothers Mortgage Capital.
Kaszczak quit his position as head of corporate distribution at Royal Bank of Scotland Intermediary Partners last October.
Lehman Brothers says his new role will deepen relationships between all three mortgage brands (London, Mortgage Company, South Pacific Mortgage Limited and Preferred) and those brokers who prefer to deal directly with the lender.
Simon Hinshelwood, chief executive officer, Lehman Brothers Mortgage Capital, UK and Ireland, says: I would like to extend a very warm welcome to Louis. He is an important addition to our team.
His experience of both multi brand lenders and intermediary distribution will be invaluable as we continue to enhance our different brand propositions to our intermediary partners.
We recognise there is a significant section of the broker community which prefers to deal directly with the lender for some or all of their business.
We want to develop an approach which gives them choice of how to work with our brands but in a way which continues to demonstrate our support for and commitment to the packagers.
Packagers provide significant value for many brokers and to lenders such as SPML, Preferred and London Mortgage Company and we will also be enhancing our technology propositions and on site presence across the packager community at the same time.