Rubicon Software Group plc has announced its plans to launch a sourcing system for loan and mortgage packagers by March next year.
Alistair Hancock, chief executive of Rubicon, said: “Using our new platform, packagers will be able to source non-conforming loans and mortgages accurately. The system also includes automated underwriting and packaging.”
IVA watch launched
Grant Thornton's personal insolvency division has launched a service designed to audit the systems and procedures of the UK's Individual Voluntary Arrangement (IVA) providers. The ‘IVA Watch’ service will provide critical information for creditors and all stakeholders to allow them to make informed decisions.
It will seek to ensure that providers are complying with legislation and best practice and current guidelines for IVA management as outlined in the Statements of Insolvency Practice issued by the Association of Business Recovery Professionals.
