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MTE links up with Ipswich

The Mortgage Trading Exchange’s 26,000 users can now complete online applications for Ipswich’s mortgages regardless of which sourcing or point-of-sale system they use.

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Packagers can ride the storm

Remortgages and the buoyant buy-to-let market will act as lifelines for many packagers this year.

Sub-prime slump claims sales jobs at Freedom

Freedom Finance has axed 14 em-ployees in response to a downturn in sub-prime lending.This follows the culling of 40 jobs at Freedom and subsidiary Mortgage Next at the end of November.The recent job losses affected 11 field sales advisers and three field sales managers.Richard Beaumont, managing di-rector of the Cheshire-based brokerage, says: “At a conservative […]

Sourcing system to take on big boys

The developer of packager software system Gravity is looking to set up a whole of market sourcing system to rival Mortgage Brain and Trigold.

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