PMPA announces departure of members

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The directors of the Professional Mortgage Packagers Alliance (PMPA) have issued a statement revealing a number of members are to leave the organisation.

In a written statement, directors say: “Despite our best endeavours we have been unable to resolve all of the issues recently raised by a number of PMPA members. “As a result, therefore, it is likely that some current members will not move forward with PMPA into 2006. PMPA will continue to conduct business as usual with a number of existing and new members and we would like to take the opportunity to wish leaving members well and applaud their initiative in seeking to set up their own group.” The statement continues: “We recognise that some of the suggested changes to the operational s...

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