Countrywide buys Mortgage Intelligence

Mortgage Intelligence's Sally Laker will continue to oversee the business as managing director. She will report to Nigel Stockton, Countrywide's financial services director, and will also join Countrywide's senior management team. The acquisition will take Countrywide's mortgage market share to 6% of the total market and more than 11% of the intermediary market. Since launch in 1996, Mortgage Intelligence, which merged with Mortgage Next in 2009, has become one of the UK's largest mortgage distribution channels. It provides broker services to over 6,500 mortgage intermediaries under t...