Q&A: Can brokers and lenders forge a new relationship?

Michael Coogan, the Council of Mortgage Lenders' director general explains to editor of Mortgage Solutions Victoria Hartley what new ground the trade bodies hope to break How did the initiative come about? The Intermediary Mortgage Lenders Association (IMLA) and the Association of Mortgage Intermediaries (AMI) have been discussing the pros and cons of doing this work over an extended period. As a result of the adverse change in market environment since 2007, and the risks to business structures posed by the MMR highlighted in our response in January, we decided to become directly ...