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PMS breaks £1bn barrier with GMAC-RFC

Premier Mortgage Service has become the first corporate account to break the £1bn completions barrier with GMAC-RFC.

Simon Jones, corporate account manager responsible for the Premier Mortgage Service account at GMAC-RFC, says: “Premier Mortgage Service members have embraced our market leading technology, our five star service coupled with our competitive rates and dynamic criteria to achieve this magnificent feat, increasing business by over 300% from 2005.”

John Malone, managing director at Premier Mortgage Service, says: “GMAC-RFC are one of the leading lenders in the market in technology, innovation and service, therefore it is no surprise our members have chosen to overwhelmingly support GMAC-RFC with their business.”


Money Partners completes fourth securitisation

Money Partners has completed its fourth securitisation transaction in the UK residential mortgage backed securities market. Totalling £600m, the transaction, called Money Partners Securities 4 Plc (MPS4), was issued by Kensington Group with The Royal Bank of Scotland and West LB acting as lead managers.For the first time, MPS4 comprises assets originated by both Money […]

Price is main insurance factor

Select & Protect has revealed that despite the ongoing criticism of industrywide mis-selling, price is still the most important factor when recommending general insurance providers. The survey of over 500 brokers revealed that 72% felt price was the main deciding factor when recommending a mortgage protection provider. And 45% say they would recommend a provider […]

Net challenge

Consumers are increasingly likely to apply for mortgages online and brokers should position themselves accordingly, says Gurnam Bhuller

Leeds raises money for charity

Employees at Leeds’ head office got a chance to get revenge on their heads of department by throwing wet sponges at their heads to raise a whopping £10,300 for the BBC’s 2006 Children in Need appeal. Other activities saw the society get into Strictly Come Dancing fever with ballroom and Latin dancing classes. Liberated male […]

How to balance bottom-up with top-down research in constructing multi-asset credit portfolios

In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]


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