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New directors for Checkmate

Checkmate Mortgages has appointed Jeremy Sillem and Gerald Gregory as non-executive directors. Stephen Knight, executive chairman of Checkmate, says: “The appointment of experienced executives is consistent with our intention to become a new force in the market.”

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Bush pleads with Congress for $700bn

President George W. Bush was pleading with Congress in front of the American people last night in an attempt to push through Treasury Secretary Henry Paulson’s $700bn rescue plan.

IMLA attacks SLS extension

The Intermediary Mortgage Lenders Association has slammed the extension of the Special Liquidity Scheme as madness since it excludes a number of broker-facing lenders from accessing the plan.

Lament for fading building societies

For some time it’s been clear that 2008 will go down as one of the most turbulent years in financial services history. Nevertheless, the fall of Lehman Brothers, the last-minute sale of Merrill Lynch and HBOS’ demise still came as a shock.

Horsing Around

There are already some potential logos for the new ber- lender floating around cyberspace.

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