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Mosaic sales appointment

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.

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BoE to launch £50bn bond plan today

The Bank of England will unveil this morning the long awaited plan to swap up to £50bn of mortgage-backed securities for government bonds.

Brokers must keep their eye on the ball

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.

Guarantee boosts business at c2

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.

The survivors will inherit the market

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.

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