Eddie Smith, director of operations for AMPD, said: “ I really am pleased to welcome Pinnacle as the 15th member of our Alliance. I have no doubt that that their aims and objectives clearly match ours and their experience and strong distribution base is going to be a major asset to AMPD and our membership."
Les Daley, director at Pinnacle Mortgage Funding, commented: “We are delighted to be joining AMPD and look forward to working with likeminded distributors as our industry evolves."
Smith said AMPD is a ‘not for profit’ Alliance and operates on a ‘one man one vote’ basis. He maintains this is a major reason for the interest in new members: “We are not looking to expand just for the sake of it. It is now likely we may take time to monitor and take stock to ensure that our increased growth is bringing the value we seek for both AMPD and our lending partners."