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AToM looking to take on 10 staff

All Types of Mortgages is bucking the market trend by launching a re-cruitment drive for 10 staff.

The packager is looking to appoint eight BDMs and two sales managers.

Dale Jannels, sales and marketing director at AToM, says: “Opportunities exist even at this challenging time and we’re keen to maintain a quality service for all brokers.”

Magic Loans is also bolstering its sales and underwriting team but fears the gloom surrounding the mortgage market is deterring candidates from applying.

The secured loans master broker wants to recruit five workers to its loan management team.

Angelo Trapasso, director at Magic, says: “We’ve been faced with low res- ponses from our usual recruitment channels because of fears about being ‘last one in, first one out’. Suitable candidates are choosing to stay with their existing employers.”


AMI reveals its full Expo programme

The Association of Mortgage Intermediaries has unveiled its full programme of seminars to be held at Mortgage Business Expo Manchester.

B&B denies rights issue rumours

Bradford & Bingley has denied reports that it plans to raise hundreds of millions of pounds in a rights issue. Reports say the lender is looking to launch the rights issue on April 22 at the latest.

PM must tackle the liquidity crisis now

For years UK lenders tried to develop retention models to keep remortgaging borrowers on their books but thanks to the US-born liquidity crisis and the resulting credit crunch the Yanks have managed to do it overnight.


Promise Finance goes into administration

Promise Finance became the latest victim of the credit crunch last week after it went into administration late last Friday evening, shedding up to 70 jobs in the process.

Could Proptech revolutionise construction?

By Rebecca Murphy, relationship manager, LendInvest  The construction sector offers enormous potential when considering the implication emerging technologies could have on both existing processes and final results. While the completion of an entirely 3D-printed office block may be ‘sexier’ news than a new smart toolbelt that tracks the wearer’s location on site, each area of development […]


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