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TMB reveals its new look

The Mortgage Business has unveiled a new logo, calendar and supporting cast of superhero characters designed to represent the attributes of the lender.

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Quick thinking…

A weekend’s loan of a Ferrari F430 supercar was up for grabs on QuickBridge’s stand at the Mortgage Business Expo last week. Entrants to the competition, run in association with Mortgage Strategy, had to say why they deserved the use of the car. The winner was Surrey-based adviser John Boyce (pictured are QuickBridge managing director […]

Principality now live on MTE

Principality has become the latest lender to go live on the Mortgage Trading Exchange.Electronic forms for KFIs, AIPs and full mortgage applications have now been created.Mortgage Trading Exchange covers 27 lenders and packagers, and its availability to all mortgage intermediaries who are currently using the platform.Mick McGuire, director of business development at Principality, says: “We […]

Mortgage adviser jailed for vicious sex attack

Arun Patnaik, a mortgage adviser from Blackpool, has been jailed for 11 ½ years after horrifically raping two prostitutes.The attacks were mimicking rapes Patnaik, 31, had seen on Internet sites, and were so gruesome they left jurors at Manchester Crown Court visibly shocked.The adviser, who has already served three years for a previous attempted rape […]

Rooftop threatened by securitisation downgrade

Rooftop Mortgages is facing another potential downgrade of its securitisation following Fitch Ratings putting out a negative ratings watch. This is the ratings agencys way of notifying the industry of its intent to take action, in this negative, which could result in a potential downgrade. Following Fitch issuing this sort of warning it typically takes […]

A question of service

Roy Armitage, head of credit, LendInvest Selling a loan is the part of a lender’s workload most visible to brokers and borrowers. Just as crucial – but less frequently observed – is how that lender services that loan. A commitment to quality servicing is one that’s front and centre for us at LendInvest and it’s […]

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