The Regulatory Association of Mortgage Packagers has revealed that it broke through 1bn in completions for Q4 2006 – 23% higher than in 2005.
RAMP’s 10 member companies have produced 4bn in completions during 2006.
John Rice, managing director of RAMP, says: We are predicting growth of around 25% in 2007 for RAMP.
“Panel lenders can look forward to even greater support from our members, who are well placed to deliver greater volumes this year. RAMP will have outperformed the market for the third consecutive year following regulation.
Paul Robinson, chief executive of Solent, adds: RAMP has become a centre of excellence which lenders can trust to deliver volume business in a compliant manner.
“Intermediaries and customers are assured of the widest choice with the best of customer service.