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AMPD takes on new member

Just Mortgage Packaging has joined the Alliance of Mortgage Packagers and Distributors. Liza Campion, product development manager at AMPD, says this is just the first of a number of additions.

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HML backup servicer for Capstone

Homeloan Management says that as the backup RMBS servicer for Lehman Brothers in the UK, it could potentially have to take on more staff if Lehmans decides to dissolve Capstone Mortgage Services.

C2 pulls plug on mortgages

C2 financial says it is no longer actively seeking mortgage business in the broker market as a result of the continued economic downturn.

Meet Labour’s new economic guru

This week I can exclusively reveal that Prime Minister Gordon Brown’s office will soon announce the appointment of David Beckham as the government’s new economic guru. LA Galaxy is thought to have been paid £50m to release him from his contract, ensuring that he is free to sign for Labour. A job title has yet to be decided.

Sad day for Solent

Solent Mortgage Services has appointed administrators to wind up the business.Paul Robinson, founder of SMS, which launched in 1989, says: “The business geared up for rapid rate of growth given the buoyant market conditions and built an infrastructure, i.e. people, technology, premises, and diverse distribution to facilitate this. “This investment was based on both historical […]

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