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GMAC-RFC and MTE report improved speed

GMAC-RFC and Mortgage Trading Exchange say they have further improved the overall speed and performance for brokers that use MTE to apply for a decision with GMAC-RFC.

The two companies say brokers have reported that the time taken to complete the form within MTE has halved.

Julie Gaskin, corporate relations manager at GMAC-RFC, says: “We had received feedback from our brokers saying that the process was slower going through MTE to obtain a decision.

“This led to many brokers logging on directly to GMAC-RFC website to obtain a decision.

She adds: “With the improvements, brokers should find the overall speed of the performance much better, giving them a choice to use us direct or through MTE.”


Employment fell in early 2007

The employment rate fell sharply in the three months to April this year. The number of people in work during that period was 29,01 million – down 10,000 over the quarter but up 87,000 compared with the same time last year.

Breaking news The Hunt is on for Lehman Brothers

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Tomorrow launches online quotations

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Abacus Permanent appoints new head of sales

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