Recent lender decisions support strength of Orbiter strategy
Recent lender decisions support strength of Orbiter strategy
Orbiter Group has claimed that the recent decisions by two specialist mortgage lenders to keep its packaging arm on panel are indicative that its business strategy is proving successful. Last week TFC Homeloans, part of Orbiter Group, was both retained as a distributor of Platform products and added to Money Partners’ packaging panel.
Pete Thomson, Group Sales & Marketing Director at Orbiter, says: “We have said several times in recent months that the successful distributors of the future will provide lenders and brokers with exceptional service combined with a powerful technology proposition. Orbiter is highly attractive to lenders in the current market due to the ability of the system to manage tranches of funds and provide high quality management information. This has no doubt played a role in lenders’ desire to have TFC Homeloans on panel.”
Thomson added: “TFC Homeloans’ loyal broker customers will also be delighted to see us on panels with these popular lenders, and we expect to attract new brokers to our proposition now that packager access to both Platform and Money Partners is restricted.”
Orbiter Group was formed in March 2008 and includes a packager (TFC Homeloans), broker (Mortgage Branding), software company (Oppono), estate agency (Home), sourcing and processing system (Orbiter), commercial packager (TFC commercial) and secured loans provider (TFC Secured).