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Scottish Widows Bank and Chelsea join AMI

The Association of Mortgage Intermediaries has appointed Scottish Widows Bank and The Chelsea Building Society have as the latest lenders to join its ranks.

Chris Cummings, director of AMI, says: “We are delighted to welcome both Scottish Widows Bank and the Chelsea Building Society to the Association. They have a thorough commitment to the intermediary mortgage market – and have made their desire to support brokers clear by joining AMI.”

Rob Golbourn, managing director of Scottish Widows Bank, says: “We took an early decision to join because of our very strong interest in the mortgage intermediary sector. As members of the Council of Mortgage Lenders we can see clearly that there is a key role to be played by a trade association looking after the intermediary side of the mortgage industry and developing relationships with regulators and others, particularly as we are entering a period of significant change.”

Marilyn Corke, general manager (sales) for Chelsea Building Society, says: “For many years now, the Chelsea has enjoyed a close and mutually beneficial relationship with mortgage intermediaries. We devote a lot of time to refining our products and services to better meet their needs.

“When we were invited to become an Associate Member of AMI we were delighted to be able to lend our support as a logical extension to the work we do with intermediaries.”


In with the in-crowd: Matthew Taylor on Mortgage Strategy&#39s

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FSA publishes annual report for 2002/03

The Financial Services Authority has published its annual report for 2002/03, describing progress made toward realising its overall strategy and building on statutory objectives. The regulator says the past has year been a difficult one for markets, firms and consumers and says it seeks to anticipate potential external problems before they arrive and react proportionately […]

1st Software tailors technology for mortgage brokers

Technology supplier 1st Software has launched Adviser Office 2 &#45 a new version of its software, which now integrates functionality specifically designed to support mortgage intermediaries. The launch is part of 1st Software&#39s commitment to expand its activities in the mortgage sector. Adviser Office was originally launched in April 2002 and is now used by […]

Lib Dems urge action against &#39aggressive&#39 lenders

The Liberal Democrats are calling on the government to deal with ballooning levels of debt and to against aggressive lenders. Vincent Cable MP, shadow DTI secretary, says: “An astonishing £650m of equity release loans were advanced last year. This is an extremely worrying development, particularly taken with the present view that current levels of house […]


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