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Hitachi unveils MPPI website

Hitachi Capital has launched a website to offer brokers an end-to-end solution for selling mortgage payment protection insurance direct to consumers.

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Cattles enjoys loans bonanza

Sub-prime finance specialist Cattles has revealed strong growth for the first half of 2007 with trading above management expectations.In a pre-close trading statement on the London Stock Exchange today, the listed company says in the first five months of 2007 its sub-prime loans division Welcome saw a 51% rise in volumes on the previous year. […]

Lehman Brothers appointment

Lehman Brothers’ Mortgage Capital has appointed Mike Cook as head of product development. He joins Lehmans from Kensington Mortgages where he was head of product management. Cook will have responsibility for overseeing all aspects of product development.

KGB launches sub-prime helpline

KGB Packaging has launched a sub-prime helpline for brokers. The service will offer information and suggestions to brokers having difficulty placing sub-prime cases. The helpline will be headed by Magnus Duke, director at KGB.

Auction losers wasted £22m in 2006

Unsuccessful bidders at property auctions collectively racked up losses of nearly £22m last year, according to auction website Humraz.com.The online auctioneer has investigated the cost of the professional services conducted prior to property auctions, including fees paid to lawyers and surveyors.It found that pre-auction fees per consumer can add up to more than £1,000, with […]

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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