GMAC-RFC has completed its second portfolio sale to Oakwood Homeloans Limited.This 330m deal comprised of a blended pool of prime, buy-to-let and self-cert products and was completed on the 28 July 2006.Craig Beresford, director of asset sales at GMAC-RFC, says: It is great news to complete our second deal of 2006 with Oakwood Homeloans and […]
Halifax plans to pay full proc fees on retention business and offer the same mortgages to new and existing customers. But industry insiders say the move might encourage brokers to advise their clients to remortgage with Halifax because it means they get commission for little work. Peter Izard, sen-ior manager of corporate accounts at GMAC-RFC, […]
The Department of Trade and Industry is poised to move on recommendations by the Financial Services Authority to remove audit requirements from small firms and appointed representatives. The move has already been welcomed within the industry. The DTI will work to implement the proposal as soon as possible.
By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]
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