TFC Homeloans to merge with software specialist

Both firms will become subsidiaries of Orbiter Group, which is launching into the intermediary market, saying it wants to pioneer the next generation of support services for brokers, distributors, networks and lenders. Orbiter says it will offer sourcing, processing and compliance services through an online system, which will initially focus on the specialist mortgage sector. The group plans to have a whole of market proposition rolled-out by the end of 2008, creating a one-stop-shop proposition for the market. Existing TFC Homeloans and Oppono customers will be unaffected by the restruc...