View more on these topics offers New York incentive if offering brokers a weekend to New York with every secured, commercial or bridging loan application received before November 15 2008.

The prize includes two nights in the Big Apple.

Kevin Marsden, a broker at Direct Mortgages in Ellesmere Port recently won an Nintendo Wii courtesy of

Marsden, says: “I am delighted, my clients and I are very happy with the way their loan applications were managed and my daughter will be even happier with her new Wii.”


End of the line for PMPA

The Professional Mortgage Packagers Alliance is to close from September 30 as a result of current market conditions.

End of era for US banks

America’s last two investment banks Goldman Sachs and Morgan Stanley have changed their status to become bank holding companies.

FSA fines GEMHL £1.12m

The Financial Services Authority has fined GE Money Home Lending £1.12m after 684 borrowers suffered financial loss in excess of £2.3m before redress was paid.


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