TFC Homeloans has moved to confirm to its intermediary customers that it is business as usual following the announcement it is to become part of the Orbiter Group.

TFC is now a subsidiary of Orbiter Group but will continue to operate as the Group’s packager brand in the mortgage market. The Orbiter system, which was announced this week, will offer online sourcing, processing and compliance services to the intermediary market.

Andrew Brown, Managing Director of TFC and Director of the Orbiter Group, says: "This week's announcement is extremely positive for TFC. Becoming part of the Orbiter Group will support the long term strategy for our business and help us to better support our existing intermediary customers. It will very much be a case of business as usual; indeed only this week we have launched some new TFC exclusives via selected networks in a move to enhance our product offering. "

Pete Thomson, Sales Director at Mortgages plc, said: "The launch of Orbiter is big news in the market and a very exciting development for TFC’s staff and customers. Lenders are increasingly focusing their attentions on distributors with advanced technology and forward thinking strategies. TFC has made a strategic decision to align itself in this way moving forward."