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Principality goes live on MTE

Principality has become the latest lender to go live on the Mortgage Trading Exchange.

Electronic forms for Key Facts Illustrations, agreements in principle and full mortgage applications have now been created.

Mortgage Trading Exchange covers 27 lenders and packagers. Mick McGuire, director of business development at Principality, says: “We launched electronic services to brokers earlier this year with our own extranet site,

Partnering with the MTE was the natural next step for us to take, providing brokers with control of how they submit applications to us – all in an efficient manner.”


No chance of a house price crash

David Miles. Miles ahead or miles behind? Economic guru John Wriglesworth perhaps hit the nail on the head last week when he said Miles was talking “through his proverbial”.

PPI is becoming too hot for brokers to handle

From Simon Burgess I’ve criticised the Financial Services Authority and other bodies in the past for producing a stream of review documents and not doing anything tangible to address the payment protection insurance mis-selling situation. But its recent 445,000 fine of does show it has some teeth. The FSA investigation found the firm failed […]

AMPD seeks integrated online system

Lender awards Best UnderwriterPhil Regan – BM Solutions Best Business Development ManagerTony Batchelder – Halifax Best Large Loans LenderBank of Scotland Best Sub-Prime LenderPlatform Best Lender TechnologyEdeus Best Specialist LenderGMAC-RFC Best Mainstream lenderHalifax Best Overall LenderBM Solutions Best Lender ServicePortman/The Mortgage Works Best Buy-to-Let LenderClydesdale Industry Achievement IndividualPhil Jenks Industry Achievement LenderNorthern Rock Surveyor awards […]

BSA slams PPI investigation as a threat to owners

The Building Societies Association has written a letter to the Office of Fair Trading criticising its investigation into payment protection insurance as a potential threat to home owners.In October, the Financial Services Authority and the OFT released two damning reports on the mis-selling of PPI, with recommendations that both PPI and mortgage payment protection insurance […]


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