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Exclusive sets up packaging unit

Exclusive Connections has set up a special unit at its Peterborough head office to provide packaging and other services to members that would like to outsource the packaging side of their business.

The unit represents a commitment to helping existing packaging members who wish to cut their costs while maintaining the ability to offer packaging facilities to lenders they would not be able to access if they were not part of EC.

Matthew Arena, managing director of EC, says: “We are getting a lot of calls from brokers who are aware of our standing with important lenders and other product providers and are keen to join us.

“EC is becoming a natural choice for brokers who want to access the best of the mortgage, loan, general insurance, conveyancing and debt solutions markets.

He adds: “We are in the process of building a product and service platform that will benefit adviser firms of all sizes.”


FSA bans another mortgage broker for fraud

The Financial Services Authority has banned Walthamstow-based mortgage adviser Ashfaq Ahmed for submitting mortgage applications on his own behalf that were based on false and misleading information about his income.

Talk about mutual interests

With the chief executive of the Financial Services Compensation Scheme due to address angry attendees, John Murray reckons this year’s BSA annual conference in Harrogate on May 20-21 could be one to remember

BDS staff face doubt on future

Staff at Skipton subsidiary BDS Mortgage Group have been placed into consultation over their jobs while the firm considers its options.


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