Mosaic Mortgage Club has appointed Amanda Gurley-Jones to the position of sales and operations manager. She will manage its lender panel and BDM sales force and co-ordinate the mortgage club’s brand.
The Bank of England will unveil this morning the long awaited plan to swap up to £50bn of mortgage-backed securities for government bonds.
Recent market turbulence has left everyone in a spin. The mortgage industry is wondering when things will calm down and is desperately hoping for stability to return.
C2-Financial last week reported a 40% rise in business from brokers in the first four months of 2008 as a result of its proc fee guarantee. The packager has set aside £250,000 to fund the scheme. It says many brokers have been left out of pocket recently by packagers closing down.
At the end of March it was gratifying to announce to the market that we hadn’t gone into administration and had actually enjoyed a record month.
After a volatile 2015, Peter Saacke considers the prospects for a (smooth) recovery in 2016.
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