GMAC-RFC has reported over 10,000 intermediaries can access its point-of-sale offers (POSO).
Jeff Knight, director of marketing at GMAC-RFC, said: “We are delighted to be rolling out POSO to thousands of brokers. This technology is intended to help brokers increase their business by meeting consumer demand for immediacy, and also freeing up sales time. It’s a win-win situation for all.”
Pink adds Advantage
Pink Home Loans has added Advantage to its packaged lender panel.
Keith Dearling, managing director at Advantage, said: “We’re delighted to be working with Pink; it is a leading player in the sector with a multi distribution strategy. We look forward to a successful relationship.”
Ipswich joins Intelligence with exclusive product
Ipswich BS has joined Mortgage Intelligence’s panel and launched an exclusive shared ownership product.
Including a free valuation, the discount rate until 31 December 2008, makes a current pay rate of 5.55 per cent.
Ipswich can lend up to 100 per cent of the purchase price. Interest is calculated on a daily basis and borrowers can overpay up to 50 per cent per year. Early redemption charges (ERCs) are set at 3 per cent until 31 December 2008, and there is a £250 arrangement fee.
